The Australian Prudential Regulation Authority (APRA) has released a letter to authorised deposit-taking institutions (ADIs) to provide an update on the timelines for the revisions to market risk prudential standards and the implications for the broader capital framework.
Following the issue of APRA’s updated schedule of policy priorities on 24 September 2021, today’s letter announces APRA’s decision to extend the timelines for the revisions to Prudential Standards APS 117 Capital Adequacy: Interest Rate Risk in the Banking Book (APS 117); APS 116 Capital Adequacy: Market Risk (APS 116); and APS 180 Capital Adequacy: Counterparty Credit Risk (APS 180).
The letter to industry is available on the APRA website at: Revisions to the capital framework for authorised deposit-taking institutions.
