The Australian Prudential Regulation Authority (APRA) has released for consultation its proposed amendments to Reporting Standard ARS 180 Capital Adequacy: Counterparty Credit Risk.
APRA proposes to amend ARS 180.0 to only apply to significant financial institutions (SFIs) as previously announced in updated prudential standards and guidance (see APG 110 Capital Adequacy), as part of the new capital framework’s reduction of reporting burden on smaller ADIs.
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Author: David Jacobson
Principal, Bright Corporate Law
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About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.
