Hence, for example, to obtain liquidity of $ under the CLF, a bank will need to present a self-securitised RMBS with a value of $ Conclusion I have provided some background to the decisions taken by the Reserve Bank around the application of the new Basel liquidity regime in Australia.
We deliberately crafted our regulations to fully support the safe and sound development of microfinance. We believe that financial inclusion, through microfinance, complements our financial stability objectives. Thus, our regulatory environment is conducive to expand financial access while preserving financial stability and integrity, deepening financial education, and ensuring consumer protection. Congratulations BSP!