APRA releases optional template to provide structured feedback on draft Reporting Standard ARS 220.0 Credit Risk Management
The Australian Prudential Regulation Authority (APRA) has released an optional template to provide structured feedback on the draft Reporting Standard ARS 220.0 Credit Risk Management.
The template is available on the APRA website at: Proposed revisions to the credit risk management framework for authorised deposit-taking institutions.
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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.