APRA

• Ian Rogers

APRA will soon begin a comprehensive review of its governance prudential framework. read more

• Ian Rogers

Super funds own more than a a third of short-term bank debt in Australia. read more

• Ian Rogers

Prudential standards CPS 220 and SPS 220, both relating to risk management, will be updated to explicitly include climate risk in 2025, APRA said yesterday. read more

• Ian Rogers

No surprises. Another neobank bites the dust, this time, International Bank of Australia. read more

• Banking Day staff

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• Ian Rogers

The regulatory settings for banking contains some good points that are worthy of reflection, “but it also strikes me that the argument to date has been quite one-sided” John Lonsdale, the APRA chair,.. read more

• Ian Rogers

Cost discipline is a characteristic too few mutual banks are known for, and nigh on impossible to deliver when boards are balancing pursuit of the greater goal of merging in the name of survival, with.. read more

• Ian Rogers

Pre-payments by banks ahead of the repayment deadline for the Term Funding Facility have been flowing through, with $30 billion repaid over the last 10 weeks. There is another $65 billion to go. read more

• Ian Rogers

APRA has removed the $500 million capital add-on it imposed on NAB in response to issues identified in the bank’s risk governance self-assessment. read more

• John Kavanagh

The proportion of non-performing mortgages on authorised deposit-taking institutions’ books rose over the past year but remains below levels reported in 2020 and 2021, and is in line with pre-COVID le.. read more

• Ian Rogers

Islamic Bank Australia surrendered its restricted banking licence to APRA last Friday. That’s three voluntary exits by neobanks. There are bound to be more. read more

• John Kavanagh

Spending on credit cards increased in 2023 as savings ran down and the cost of living rose, and stress levels increased. read more

• John Kavanagh

APRA is aiming to finalise changes to interest rate risk management rules by the end of June and implement them in October next year, the regulator said in an update yesterday. read more

• John Kavanagh

APRA has announced changes to banks’ interest rate risk management rules aimed at reducing the volatility in the Interest Rate Risk in the Banking Book (IRRBB) charge. read more

• John Kavanagh

Treasurer Jim Chalmers has followed up the release of draft legislation in October that expands the regulatory coverage of the payments system, with the release last week of a consultation paper that.. read more

• John Kavanagh

APRA will maintain its 3 per cent mortgage serviceability buffer, saying it remains prudent given the uncertain economic and geopolitical outlook. read more

• John Kavanagh

Smaller ADIs face earnings and capital impacts under proposed changes to APRA’s liquidity rules. read more

• John Kavanagh

Former APRA chair Wayne Byres will join the board of Macquarie Group subsidiary Macquarie Bank next year, as a non-executive director. read more

• John Kavanagh

The rate of bank branch closures in Australia is accelerating, with more than 10 per cent of branches closing over the year to June 2023. And despite widespread concern about regional branch closures,.. read more

• John Kavanagh

APRA plans to update its bank liquidity standard (APS 210), in the wake of the failure of Silicon Valley Bank and other banks in the US earlier this year. read more