CTHRepealedLegislation
Banking (prudential standard) determination No. 6 of 2006 - Prudential Standard APS 120 - Funds Management and Securitisation
Servicing, Managing and Treasury DealingServicing, Managing and Treasury Dealings
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Servicing, Managing and Treasury Dealings
- This Guidance Note applies where an authorised deposit-taking institution (ADI) acts as a service provider to a special purpose vehicle (SPV). Services which may be provided include servicing and managing funds management or securitisation schemes, advising investors or SPVs, and conducting treasury transactions with a SPV.
- An ADI should not subordinate, defer or waive the receipt of fees or other income for its role as service provider without consulting with APRA.