The Australian Prudential Regulation Authority (APRA) has issued a letter to all locally incorporated authorised deposit-taking institutions (ADIs) subject to Liquidity Coverage Ratio (LCR) requirements announcing the final reduction of the aggregate Committed Liquidity Facility (CLF) has occurred as scheduled, and therefore as at 1 January 2023 the aggregate CLF has been fully phased-out to zero.
The letter is available on the APRA website at: Aggregate Committed Liquidity Facility - January 2023.
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