Australia

Banking Newsletter - March 2011 

In this issue, we look into bank funding, new regulation affecting the industry and Australia’s appetite for debt portfolio purchases. Other issues include changes to credit card and impairment proposals. We discuss the implications and practical considerations.
New study puts Australian bank funding under the microscope
US legislation threatens big increase in compliance burden for local banks
Financial crisis fallout strains banking risk IT systems
Positive credit reporting inches closer
Increased secondary asset sales a precursor to debt portfolio sales?
Preparing for the unexpected
National Consumer Credit Reform Stage 2 - Credit Cards
Published supplement to Impairment Exposure Draft

Banking

KPMG’s banking practice in Australia is well placed to help clients successfully navigate challenging times and capitalise on opportunities.