6  “Lessons from the Use of Extraordinary Central Bank Liquidity Facilities” Stéphane Lavoie, Alex Sebastian and Virginie Traclet Bank of Canada Review, Spring 2011. “Central Bank Liquidity Provision and Core Funding Markets” Grahame Johnson and Eric Santor paper presented at Reserve Bank of Australia 2013 Conference – Liquidity and Funding Markets.
However, that is not possible for the NBFC sector given the structure of the sector. As ensuring 100 percent financial activity is not feasible, the next best alternative would be to raise the threshold for principal business. Accordingly, the threshold has been raised from 50 percent to 75 percent of total assets/income, to ensure that the regulation focuses on predominantly financial entities.