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APRA publishes Chair Wayne Byres’ opening statement to Senate Select Committee on COVID-19
The Australian Prudential Regulation Authority (APRA) has published Chair Wayne Byres’ opening statement to the Senate Select Committee on COVID-19.
A copy of Mr Byres’ statement is available on the APRA website at: Opening statement to Senate Select Committee on COVID-19 - May 2020.
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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.