Federal Register of Legislation - Australian Government

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APS 210 Standards/Prudential (Banking & Insurance) as made
This Determination varies Prudential Standard APS 210 Liquidity.
Administered by: Treasury
Made 21 Apr 2011
Registered 28 Apr 2011
Tabled HR 10 May 2011
Tabled Senate 10 May 2011
Date of repeal 09 Aug 2013
Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013

Banking (prudential standard) determination No. 2 of 2011

Liquidity and Capital Adequacy

Banking Act 1959

I, Charles Littrell, delegate of APRA, under subsection 11AF(3) of the Banking Act 1959 (the Act) and under subsection 33(3) of the Acts Interpretation Act 1901 VARY Prudential Standard APS 210 Liquidity (APS 210), as set out in the attached Schedule.

This instrument takes effect on 2 May 2011 or the date of registration on FRLI whichever last occurs.

 

Dated 21 April 2011

[Signed]

 

Charles Littrell

Executive General Manager

Policy, Research and Statistics Division

 

Interpretation

In this instrument:

APRA means the Australian Prudential Regulation Authority.

FRLI means the Federal Register of Legislative Instruments established under the Legislative Instruments Act 2003.


 

Schedule

1.             Paragraph 11 of APS 210 is amended

 

by deleting the words “medium term” from the following sentence:

 

“However, an ADI may, subject to APRA’s prior written approval, exclude from its “liabilities” any medium term notes issued under securitisations that do not comply with all requirements under Prudential Standard APS 120 Securitisation (APS 120)”.