Search results with tag "Australian prudential regulation authority"
APG 223 Residential Mortgage Lending - apra.gov.au
www.apra.gov.auAUSTRALIAN PRUDENTIAL REGULATION AUTHORITY 5 Background 1. Lending secured by mortgages over residential property (residential mortgage lending) constitutes the largest credit exposure in the Australian banking system, and for many
Product Information Statement - Macquarie
www.macquarie.com.auThe FCS can only come into effect if it is activated by the Australian Government when an institution fails. Once activated, the FCS will be administered by the Australian Prudential Regulation Authority (APRA). In an FCS scenario, APRA would aim to pay the majority of customers their protected deposits under the Scheme within seven calendar days.
Australia's general insurance industry: sapping consumers ...
www.aph.gov.auAustralian Prudential Regulation Authority 2.12 Insurers must adhere to capital adequacy laws. Mr Geoff Summerhayes, Executive Board Memberat APRA, told the committee that APRA is 'primarily concerned with the institutions' viability and ability to meet the promises they make to beneficiaries'. 14 APRA supervises general insurers under the
INFORMATION PAPER INFORMATION PAPER - apra.gov.au
www.apra.gov.auAUSTRALIAN PRUDENTIAL REGULATION AUTHORITY 7 . Chapter 2 - Cross-industry policy . The policy priorities outlined in this chapter apply to all APRA regulated entities. They cover key reforms to promote system stability and ensure entities maintain financial and operational resilience. In addition, APRA plans to review the authorisation ...
Licensing: Financial requirements
download.asic.gov.au(APRA), as defined in s3(2) of the Australian Prudential Regulation Authority Act 1998 (APRA Act), and are not required to comply with s912A(1)(d) of the Corporations Act 2001 (Corporations Act), this guide does not apply to you. Note: From 1 July 2015, if you are the holder of a registrable superannuation entity
Australian Prudential Regulation Authority - Statement of ...
static.treasury.gov.auSTATEMENT OF INTENT – AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY July 2014 This Statement outlines the response of the Australian Prudential Regulation Authority (APRA) to the Government’s Statement of Expectations – Australian Prudential Regulation Authority of April 2014, which sets out the Government’s expectations about the role and responsibilities
Australian Prudential Regulation Authority - Statement of ...
static.treasury.gov.authe Australian Prudential Regulation Authority (APRA), its relationship with the Government, issues of transparency and accountability and operational matters. It forms part of the Government’s commitment to good corporate governance of agencies and