Regulator to spend $46mn on data platform, analytics; add trade reporting data to monitoring platform.
Consolidation aims to further reduce red tape, streamline rules amendment procedure.
Largest shortfall at Commonwealth Bank; of ‘Big 4’, only ANZ has a capital surplus.
APRA requirement said to develop data availability for ‘clear presentation of facts’.
Commission says ASX adhered to procedure during outage, but some areas needs to be enhanced.
Cyberattacks of increasing sophistication and scale regarded as major threat.
Protection aims to encourage whistleblowers reveal corporate and tax misconduct.
Rules cover risk management framework, liquid assets, funding structure.
Banks will now have until the end of next year to report their data.
Centre issues fact sheets warning business owners to protect themselves.