The new standard will come into effect from 1 January 2024 for banks and insurers and from 1 January 2025 for RSE licensees.
December 4, 2022The guidance covers the new SPS 530 requirements on liquidity management, stress testing and valuations, as well as APRA's expectations on ESG risk management.
November 20, 2022The proposed changes will require trustees to adopt a more sophisticated risk-based approach to the management of operational risk financial resources.
November 16, 2022The new standard will commence on 1 January 2023. APRA will consult on additional guidance later this year, also covering ESG risks.
July 21, 2022While RSE licensees are not specifically required to offer retirement income products, they are expected to consider making changes to existing products or offering external products.
March 14, 2022APRA has issued a discussion paper seeking to better understand current and emerging approaches for managing financial resources.
November 23, 2021APRA has concluded three thematic reviews into core operational areas for super funds. Trustees are asked to draw from the findings to improve their operations.
October 29, 2021APRA will not proceed with a proposed requirement for independent certification of priority and privilege arrangements to avoid "unintended consequences".
September 23, 2021The regulations have been refined to ensure the disclosure regime for superannuation fund portfolio holdings is cost-effective and in members best interests.
August 19, 2021APRA may combine investment performance when administering performance tests to ensure performance history does not reset as a result of certain product changes.
August 18, 2021