Search: Four Pillars Policy

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RBA Glossary definition for Four Pillars Policy

Four Pillars Policy – An Australian Government policy that there should be no fewer than four major banks to maintain appropriate levels of competition in the banking sector.

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Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
It also enables the scenario to incorporate changes in interest rates or fiscal policy, if desired. ... We begin by taking data on the internal credit ratings of banks' exposures from Pillar III reports.
https://www.rba.gov.au/publications/rdp/2022/2022-03/full.html

Credit Loss Modelling

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
It also enables the scenario to incorporate changes in interest rates or fiscal policy, if desired. ... We begin by taking data on the internal credit ratings of banks' exposures from Pillar III reports.
https://www.rba.gov.au/publications/rdp/2022/2022-03/credit-loss-modelling.html