Funding strategyFunding strategy

Funding strategy

1. An ADI must:
   1. develop and document a three-year funding strategy, which must be provided to APRA on request;
   2. maintain an ongoing presence in its chosen funding markets and strong relationships with funds providers; and
   3. regularly gauge its capacity to raise funds quickly. It must identify the main factors that affect its ability to raise funds and monitor those factors closely to ensure that estimates of fund‑raising capacity remain valid.
2. The funding strategy must be reviewed and approved by the Board, at least annually, and supported by robust assumptions in line with the ADI’s liquidity management strategy and business objectives.
3. The funding strategy must be reviewed and updated, at least annually, to account for, at a minimum, changed funding conditions and/or a change in the ADI’s strategy. An ADI must advise APRA of any material changes to the ADI’s funding strategy.