mortgage regulation
APRA Chair John Lonsdale - Speech to AFR Banking Summit 2023
… system has a particular concentration risk in residential mortgage lending, and so our capital framework is calibrated … no corporate bonds, and no residential or commercial mortgage-backed securities. Removing these assets, which … and superannuation members. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement
… to take over responsibilities for the prudential regulation of private health insurance. Let me first discuss … need to maintain sound lending standards in residential mortgage lending. This was done against a backdrop of … to APRA of responsibility for health insurance prudential regulation is scheduled for 1 July this year. APRA has been …
Opening Statement
… APRA is maintaining a strong focus on the quality of new mortgage lending, and measures to reinforce sound lending … the Committee’s questions. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement
… governance, culture and accountability. Residential mortgage lending is another area where APRA has been lifting … the Committee’s questions. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
In search of...Unquestionably strong
… announced a change to risk weights for the residential mortgage exposures of banks using the internal-ratings based … By adjusting a parameter within the IRB formula for mortgage exposures, the average risk weight on Australian … their international peers. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
How well is the Australian financial system meeting community needs?
… thinking about around the world in respect of financial regulation? Before considering the financial system in … work? APRA: how important is supervision as distinct from regulation? I wish to emphasise, incidentally, that the views … times. In both the US and the UK, sub-prime residential mortgage lending was a critical weakness of the financial …
Proposed changes to quarterly ADI statistical publications
… period, including Reporting Standard ARS 223.0 Residential Mortgage Lending and Reporting Standard ARS 230.0 Commercial …
Consultation on revisions to the new Prudential Standard APS 220 Credit Risk Management
… APRA may also consult on amendments to APG 223 Residential Mortgage Lending (APG 223) around this time, depending on the … Policy and Advice Division Australian Prudential Regulation Authority Yours sincerely, John Lonsdale … be protected by section 56 of the Australian Prudential Regulation Authority Act 1998 and will therefore be exempt …
Democratising data: APRA’s new approach to quarterly reporting
… restrictions contained within the Australian Prudential Regulation Authority Act 1998 (APRA Act). The proposed … feature new and more detailed statistics on residential mortgage lending, such as additional aggregate data on … ' article, December 2019. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
The Financial Claims Scheme: Protecting depositors and policyholders
… savings and cheque accounts, term deposits and mortgage offset accounts (where the offset account is a … correct at time of publication. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Explains: Applying to APRA to use restricted words
… my take to respond to your request. Case Study Mary runs a mortgage broking business and has decided to change the name … she could use the restricted term. APRA considers that a mortgage broking business relates to the provision of … business to Bank Beaters. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Revisions to the ADI capital framework: Interim reporting standards for consultation and parallel run expectations
… (ARS 221.0); and Reporting Standard ARS 223.0 Residential Mortgage Lending (ARS 223.0). APRA has updated … Complete May use unapproved models and proxies Yes (Except mortgage LGD) No No May use test systems Yes Yes No … Data Analytics and Insights Australian Prudential Regulation Authority Yours sincerely, Alison Bliss General …
Consultation on zero and negative interest rates
… 478.17 KB Published 12 July 2021 The Australian Prudential Regulation Authority (APRA) is today releasing for …
Consultation on proposed changes to due dates of quarterly reporting for ADIs
… deposit-taking institutions The Australian Prudential Regulation Authority (APRA) has today commenced consultation … – Banks 15 BD – CUBS and other ADIs ARF 223.0 Residential Mortgage Lending Residential mortgage lending 28 CD ARF 226.0 Margining and risk …
Capital explained
… in their business. This is a core tool of prudential regulation and also supports system-level financial … industry ’ article, March 2020. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Operational preparedness for zero and negative interest rates
… KB Published 28 October 2021 The Australian Prudential Regulation Authority (APRA) is today releasing its final …
APRA Chair Wayne Byres - Speech to FINSIA 'In conversation with Wayne Byres' event
… of a borrowers’ ability to service not just their mortgage but their aggregate debt levels, and generally … need to work with hardship cases sensibly. But prudential regulation is designed to ensure that downturns can be … Inquiry, the difference was reasonably wide: an average mortgage risk weight of 39 per cent for standardised banks …
Opening Statement
… with housing lenders to reinforce sound residential mortgage lending standards. From our perspective, this work … time been working through a transition plan to bring the regulation and supervision of private health insurance into … be happy to take your questions. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Prudential perspectives on the property market
… Guide on sound risk management practices for residential mortgage lending; and we have conducted numerous hypothetical … level, we intend to review capital requirements for mortgage lending as part of our work on establishing … system is resilient to it. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Chair John Lonsdale - Speech to Australian Banking Association Conference 2024
… No one wants unnecessary red tape nor to look to more regulation to solve every problem. Within APRA, we constantly … quite one-sided; heavily focused on the costs of financial regulation but paying little attention to the benefits or why … to offer loans using exceptions to our guidance on mortgage serviceability in cases where they are confident the …