RBA seeks more transparency in securitisation market

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Guy Debelle, a Reserve Bank of Australia (RBA) assistant governor, on October 22 said the central bank's move to require more information disclosure related to securitisation will help market participants monitor risk more accurately. Asset-backed securities, including mortgage-backed securities (MBS), became eligible forms of collateral to meet the RBA's domestic market operations criteria following the advent of the global financial crisis in 2008.

Issuers of residential mortgage-backed

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