News
Statement from the Council of Financial Regulators on COVID-19
This morning the Council of Financial Regulators (of which APRA is a member) has released a statement on its website, which can be viewed here: https://www.cfr.gov.au/news/2020/mr-20-01.html
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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.