Tag: APRA
Mastering KYC compliance: Strategies for Australian businesses
In today's digital landscape, the importance of identity verification extends beyond mere procedure; it's a critical safeguard against escalating fraud risks.
APRA sets new climate risk guidelines for Australian banks
The APRA has issued a directive that will reshape the approach Australian financial institutions take towards managing risks.
APRA targets bank resilience with new liquidity changes
The Australian Prudential Regulation Authority (APRA) is making strides to fortify the banking sector against future stress.
From BEAR to FAR: Australia ushers in a new age of...
Legislation concerning the Financial Accountability Regime (FAR) has received the nod of approval from both Houses of the Australian Parliament. This milestone move in 2023 lays the groundwork for a stringent accountability structure, targeting directors and top-tier executives of financial institutions across banking, insurance, and superannuation sectors.
APRA guidance offers support on tackling climate-related financial risks
The Australian Prudential Regulation Authority (APRA) has issued a draft practice guide to banks, superannuation trustees and insures on managing climate-linked financial risks.
Capability review criticizes APRA for being too “discreet”
The Australian Prudential Regulation Authority (APRA) faces scathing critique for being too “discreet” and is encouraged to undergo an overhaul of the system.
