APRA publishes FAQ on historical rate rollovers
The Australian Prudential Regulation Authority (APRA) has published a frequently asked question (FAQ) for authorised deposit-taking institutions (ADIs) on APRA’s expectations in relation to historical rate rollovers (HRRs).
The FAQ is available on the APRA website at: Historical rate rollovers - frequently asked questions.
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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.