Consequential reporting changes to ARS 110.0 – Capital Adequacy
The Australian Prudential Regulation Authority (APRA) has released a response to submissions on proposed updates to Reporting Standard ARS 110.0 Capital Adequacy (ARS 110).
Details can be found on the APRA website: Proposed changes to liquidity and capital requirements for authorised deposit-taking institutions or Interest Rate Risk in the Banking Book.
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.