The report provides insights about the risk management frameworks and overarching supervisory principles banks use when adopting artificial intelligence.
August 24, 2020‘APRA Connect’ go live dates will be delayed by at least six months to allow financial institutions to concentrate on their businesses and assist customers impacted by the coronavirus.
March 24, 2020The revised timeline follows APRA's decision in October to explore alternative implementation approaches for the new solution, which will be known as 'APRA Connect'.
March 12, 2020The additional guidance follows a December decision to make certain ESG disclosures mandatory, effective for financial years commencing on or after 1 July 2020.
March 8, 2020The FCA has set out a plan to become a 'highly data-driven regulator'. The BOE has published a discussion paper on transforming data collection.
January 9, 2020APRA has released two topic papers addressing the most urgent gaps in its data collection, particularly for choice products and investment options.
December 24, 2019The National Internet Finance Association has launched a 23-firm pilot scheme to address concerns around risks to user privacy from financial institutions' mobile apps.
December 6, 2019The initiative aims to drive better industry practices, enhance the consistency of reported data, and make it easier to compare fund and product performance.
November 8, 2019APRA is reviewing its implementation approach due to the complexity and significant burden of migrating all existing collections to the new solution.
October 30, 2019APRA and AUSTRAC plan to directly engage and share information with regtech firms to aid in their development of solutions that can help regulated entities comply with reporting obligations.
March 8, 2019