APRA and ASIC publish annual update on joint engagement - December 2021
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have published their annual update on engagement between the two regulators.
The statement is available on the APRA website at: Annual update on APRA-ASIC engagement - December 2021.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.