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International Law
: Australian Regulatory Compliance ReviewThe Australian Government Guarantee Scheme for Large Deposits and Wholesale Funding
Scheme legal documentation and application procedures for the guarantee of large deposits and wholesale funding are now available on the guarantee scheme website
ADI's who wish to offer a government guarantee for deposits over $1million from 28 November 2008 must apply and be approved by the Scheme Administrator.
The government guarantee which will apply from 28 November is here.
The site will list approved institutions and guaranteed liabilities here.
Full post as published by Australian Regulatory Compliance Review on November 22, 2008 (boomark / email).
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