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Memorandum of Understanding on Financial Distress Management between the members of the Council of Financial Regulators

Date:

Thursday, 25 September 2008

Content ID:

1417

Abstract:

The Memorandum of Understanding (MOU) between the members of the Council of Financial Regulators sets out the objectives, principles and processes for dealing with stress in the Australian Financial System.

The MOU identifies the responsibilities of each Council Member and is intended to facilitate a coordinated response to stress in the Financial System.

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