APRA publishes new and updated FAQs on capital for ADIs and insurers
The Australian Prudential Regulation Authority (APRA) has published one new frequently asked question (FAQ), updated 19 and deleted 11 FAQs on measurement of capital for Authorised deposit-taking institution (ADI) and insurers.
The updates remove duplication of commentary now reflected in the updated Prudential Standards and incorporate updates to the general insurance, life insurance and private health insurance Prudential Standards.
The capital FAQs are available on the APRA website: Measurement of capital - frequently asked questions.
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.