APRA looks to scrap ‘skin in the game’ for securitization

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APRA looks to scrap ‘skin in the game’ for securitization

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The peloton passes an Australian flag Australia's during stage 2 of the Tour Down Under in Stirling, near Adelaide, Wednesday, Jan. 22, 2014. | Sirotti/Sirotti

The Australian Prudential Regulation Authority (APRA) has plans to drop the risk retention requirement for Australian securitization issuers, according to proposed revisions to its prudential framework.

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