APRA sets out initial risk management expectations and policy roadmap for crypto-assets
The Australian Prudential Regulation Authority (APRA) has set out in a letter its initial risk management expectations for all regulated entities that engage in activities associated with crypto-assets, and a policy roadmap for the period ahead.
The letter is available on the APRA website at: Crypto-assets - Risk management expectations and policy roadmap.
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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.