The Australian Prudential Regulation Authority (APRA) has released for consultation the interim reporting standards that will accompany the updated capital adequacy and credit risk capital requirements for authorised deposit-taking institutions.
The consultation package published today follows the release in November 2021 of APRA’s new bank capital framework, designed to embed “unquestionably strong” levels of capital and align Australian standards with the internationally agreed Basel III requirements.
The letter to industry and marked up and clean versions of the reporting standards can be found on the APRA website at: Revisions to the capital framework for authorised deposit-taking institutions.
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