Submissions on Disclosure of Equities Securities Lending

In its media release of 24 October 2008, the Reserve Bank proposed some improvements in the transparency of equities securities lending activity. Views were sought from interested parties on a modification to the Financial Stability Standard for Securities Settlement Facilities to clarify that a licensed facility would need to collect and publish data on securities lending. Respondents were also asked to consider a number of practical considerations in the implementation of such a disclosure requirement. The following submissions have been received.

Received by 21 November 2008