Regulator says it will continue to develop and vary its definition if warranted.
Review will also look at payments to third parties including mortgage brokers.
Australian banks should improve compliance as series of scandals emerges, regulator says.
Bankers' association to revamp guidelines for treatment of individuals and small businesses.
Securities regulator has contacted 40 unlicensed operators, 21 have taken remedial measures.
Commonwealth Bank, Westpac, National Australia Bank and ANZ together have 80% market share.
APRA test hypothesises -4% GDP, 13% rise in unemployment, 40% drop in house prices.
Think tank says Australian GDP would take only 0.01ppt hit from 100bp hike in capital requirement.
More than 70% of firms authorised to sell retail OTC derivatives said failing to meet requirements.
Conclusion based on surveillance assessments and engagement with HK, Singapore regulators.