Reserve Bank of Australia RMBS Disclosure Criteria

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On October 22, the Reserve Bank of Australia introduced new criteria for the eligibility of RMBS in its operations, which will require RMBS issuers to provide detailed information on reporting templates regarding:

(i)     the transaction;
(ii)    the securities;
(iii)   the pool of underlying assets; and
(iv)   anonymous loan-level data.

Comments on the reporting templates are due by December 28. RBA Release. Reporting Templates.

 


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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