mortgage regulation
APRA: The global financial crisis and beyond
… credit quality and capital requirements for lenders mortgage insurers) and in the supervision of conglomerate … transparency and accountability, enhancing sound regulation, promoting integrity in financial markets and … Supervision, the global standard-setting body for banking regulation. This was a welcome development, ensuring that we …
APRA announces ‘unquestionably strong’ capital benchmarks
… new benchmarks by 1 January 2020 The Australian Prudential Regulation Authority (APRA) today announced its assessment on … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Mutuals: A look back and ahead
… rate floor. Applying a floor, based on the average mortgage rate over at least one interest rate cycle, would … that are estimated in your models while paying off a large mortgage. We would expect serviceability models, at the … improvement. Some final thoughts And what of prudential regulation? Prudential regulation has taken APRA and mutual …
Individual challenges and mutual opportunities
… align with measures to target higher risk residential mortgage lending, as well as the high concentration in … to reduce further the remaining residual difference in mortgage lending risk weights, delivering on the second … and (simultaneously) a desire to avoid differences in regulation creating competitive inequalities when different …
Deputy Chair John Lonsdale - speech to Customer Owned Banking Association (COBA) 2020 Convention
… contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA's current focus in superannuation
… number of managed investment schemes (MIS), predominantly mortgage and property schemes, suspended or froze redemptions … Or what are the heavens for?’ The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Therese McCarthy Hockey remarks to COBA CEO and Directors Forum
… that customers are rewarding them for it; and leveraging mortgage broker channels to reach more customers. The data … - Australian Banking Association The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
The Australian banking system under stress – again?
… exposures, contributed only a fifth of total losses. The mortgage portfolio alone was not the principal driver of losses, a reflection of the structure of the domestic mortgage market as well as the general tightening in lending … Settlements, May 2009. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement to the House of Representatives Standing Committee on Economics - October 2020
… loan repayment deferrals and expectations in relation to mortgage serviceability assessments. 11 May (and weekly … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement to Senate Economics Legislation Committee - October 2020
… loan repayment deferrals and expectations in relation to mortgage serviceability assessments. 11 May (and weekly … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA releases international capital comparison study
… 13 July 2015 Print Email 15.18 The Australian Prudential Regulation Authority (APRA) has today released the results of … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Chair Wayne Byres - Speech to the Australian Financial Review Banking and Wealth Summit
… a priority issue. Our namesake in the UK, the Prudential Regulation Authority, is probably leading in this regard[3]. … which tasked APRA to develop a much stronger framework of regulation and supervision of remuneration[7]. We will have … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Update - ICA Regulatory Update Seminar
… APRA’s general philosophy and approach to supervision and regulation, and noted APRA’s regulatory agenda. Although I … participants, i.e. the industry, and also the prudential regulation and supervision of those markets. I will then outline the likely future direction of insurance regulation in response to some weaknesses that have been …
APRA Chair Wayne Byres - Speech to the 2021 UBS Australasia Conference
… through applying more capital overall to residential mortgage portfolios given the structural concentration in … choice. Each of our various interventions in relation to mortgage lending – benchmarks on the growth in investor … not the other way around. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Executive General Manager, Policy and Advice Division, Pat Brennan - Speech to the KangaNews Debt Capital Markets Summit
… contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Chair John Lonsdale - Speech to Citi Australia and New Zealand Investment Conference
… to macroprudential policy and risks in the residential mortgage sector. It is consistently the topic I am asked most … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
The incentive to fly safely
… profits don’t jeopardise passenger safety. Although regulation imposes costs, and there are sadly still … the cheapest and the safest that it’s ever been. Financial regulation is designed to make financial institutions safer, … rewards – are prevalent: financial advice, broking, mortgage lending, insurance sales, financial markets trading. …
Banking on housing
… Guide on sound risk management practices for residential mortgage lending;[2] and at the end of last year, we wrote to … . Prudential Practice Guide APG223 Residential Mortgage Lending . Available at www.apra.gov.au . … Available at www.asic.gov.au . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Chair Wayne Byres - Speech to COBA 2019, the Customer Owned Banking Convention
… package for mutual banks are: a more granular approach to mortgage risk weights to better reflect risks in this core … That brings me to the final point I want to make, about mortgage risk weights. Much is made of the headline … that the competitive landscape is shaped by more than regulation. Regardless of perceived regulatory headwinds, the …
Basel III: The journey and the destination
… the NSFR recognises that a sound funding profile for mortgage lending does not require 100 per cent stable … broad terms, only two-thirds of funding for conventional mortgage lending need be provided by stable sources … driven by the marketplace, as much as being a response to regulation. The fact that Australian banks are already …