Advocacy News: BBSW Consultation & RBA Cards Consultation response
Two weeks ago Dr Guy Debelle of RBA made an important speech about Benchmarks and the review of BBSW which crystallised some issues for the treasurers present.
As a result with a sub-committee of the Technical Committee I am currently drafting a response to the current Council of Financial Regulators consultation on “Evolution of BBSW Methodology”.
Click here for the consultation document.
Key messages FTA intends to communicate are:
FTA has an interest in interest rate benchmarks because they are key to efficient and fair allocation of capital within financial markets.