10 August 2022 - APRA releases final reporting standards on updated capital framework for banks

The Australian Prudential Regulation Authority (APRA) has released final reporting standards to support the updated capital adequacy and credit risk capital requirements for authorised deposit-taking institutions (ADIs).

The package published today responds to the consultation released in April 2022 on APRA’s proposed new and updated reporting standards. It will accompany the new bank capital framework, which is designed to embed unquestionably strong levels of capital and align Australian standards with the internationally agreed Basel III requirements.

APRA has made changes to these new collections to better meet data needs, simplify reporting requirements, and reduce the need for future data collections and ad hoc requests.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.