APRA releases response to consultation on new centralised publication for ADIs
The Australian Prudential Regulation Authority (APRA) has released a response to its consultation on the frequency of its new centralised statistical publication for locally incorporated authorised deposit-taking institutions (ADIs).
This publication aims to improve the transparency of the ADI industry by providing users with access to key data points in a way that is easier to compare and analyse than standalone individual disclosures.
The response letter and non-confidential submission are available on the APRA website at: Update to authorised deposit-taking institution centralised publication.
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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.