If approved by Parliament, the new comply-or-explain climate risk disclosure regime could come into effect in 2023 at the earliest.
September 16, 2020The expansion brings the total available funding under the term lending facility to about A$200 billion, said RBA governor Philip Lowe.
September 3, 2020APRA says banks may allow borrowers to change their loan conditions without conducting a normal serviceability assessment, but that such an arrangement should not exceed 12 months.
May 8, 2020Where Boards are confident they can approve a dividend on the basis of robust stress testing results that have been discussed with APRA, it should be at a “materially reduced level”.
April 8, 2020The agencies are standardising quarterly reporting due dates, deferring two reporting initiatives, and introducing a new reporting standard for SME lending.
April 2, 2020The agencies explain that they wish to ensure a consistent data source for March and June 2020, in order to capture the impact of the coronavirus.
March 20, 2020APRA will develop guidance on climate change financial risk, conduct a vulnerability assessment of ADIs, and include ESG in superannuation investment governance guidance.
February 25, 2020APRA has extended the exemption for government-related entities to connecting counterparties involving economic interdependence and control relationships.
December 23, 2019APRA, in a letter to the industry, has proposed plans for classifying all data collected from banks for its quarterly publications to be considered non-confidential and publishable.
December 6, 2019APRA intends to adopt BCBS revisions to the leverage ratio standard and disclosure requirements, and allow IRB ADIs to adopt modified SA-CCR early for public disclosure.
November 21, 2019