APRA requires every FI to hold sufficient liquid assets to meet a name crisis situation.

Name: APRA requires every FI to hold sufficient liquid assets to meet a name crisis situation.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

APRA (Australian Prudential Regulation Authority) requires every financial institution (FI) to have sufficient liquid assets to handle potential liquidity problems during times of crisis. This requirement is in place to maintain the stability of the financial sector and protect depositors' interests.

APRA Requires Every FI to Hold Sufficient Liquid Assets to Meet