Australia Considers AT1 Bond Reform to Strengthen Financial Sector

Australia’s banking regulator is looking at how to improve Additional Tier 1 bonds, saying this year’s international banking crisis showed they only soak up losses at a “very late stage.” #press

https://www.bloomberg.com/news/articles/2023-09-21/australia-mulls-at1-bond-reform-to-strengthen-financial-sector?utm_source=press.coop

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