APRA releases an update on the new Data Collection Solution
The Australian Prudential Regulation Authority (APRA) has released an update to the industry about the new Data Collection Solution, which will replace APRA’s current data collection tool, Direct to APRA (D2A).
The update is available on the APRA website at Data Collection Solution communications and past updates.
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.