The CVA results suggest that climate risk impacts and bank loan losses are likely to be concentrated in specific regions and industries.
December 1, 2022APRA identified issues with RACQ’s risk and compliance framework and practices, unclear accountabilities, and an "immature risk culture".
October 13, 2022Survey responses from banks. insurers and super funds shows are "encouraging". A key area for improvement is metrics and targets.
August 5, 2022APRA says it is satisfied that Allianz has fulfilled its commitments set out in a court enforceable undertaking undertaken in March 2021.
July 20, 2022Updated prudential standard sets limits on exposures to offshore reinsurers. If a life company exceeds these limits, additional capital would need to be held.
March 10, 2022The self-assessments must be submitted to APRA by 30 November. Feedback will be provided early next year.
July 23, 2021APRA is considering rules that could limit super fund spending on advertising and memberships, as well as changes to the prudential standard on investment governance.
May 20, 2021Most of the new data will be submitted from September 2021, however trustees will be allowed to defer submission of some less critical data for one year.
March 26, 2021APRA is concerned about premium volatility, the availability and provision of data, and tender practices used by insurers to win business.
March 11, 2021To improve member outcomes, APRA will focus on strengthening its prudential framework, sharpening supervision, improving data and enhancing transparency.
February 16, 2021