Document ID: chunk:federal_register_of_legislation:F2022L01620:reg:1:p3
Version: federal_register_of_legislation:F2022L01620
Segment Type: reg
Provision Reference: reg 1 (pt 3/3)
Character Range: 101598–102563

12 January 2014.
    [25]   APRA may impose a higher RSF factor after discussing and agreeing with the relevant central bank and taking into consideration whether the reserve requirement must be satisfied at all times and the extent to which the reserve requirement in a particular jurisdiction exists over a longer-term horizon and therefore requires associated stable funding.
    [26]  An initial margin posted on behalf of a customer, where an ADI does not guarantee performance of the third party, is exempt from this requirement.
    [27]  Whether a loan is performing or non-performing is determined by reference to Prudential Standard APS 220 Credit Risk Management.
    [28]  For a non-maturity reverse repo, an RSF of 100 per cent applies, unless an ADI is able to demonstrate to APRA's satisfaction that it would effectively have a different maturity period.
    [29]  RSF = 100 per cent x MAX ((NSFR derivative assets – NSFR derivative liabilities), 0).