On 27 July 2026, the Australian Prudential Regulation Authority (APRA) confirmed that it will remake three of the APRA Level 3 conglomerate standards before they automatically lapse on 1 October 2026. The three instruments are Prudential Standard 3PS 221 Aggregate Risk Exposures, Prudential Standard 3PS 222 Intra-group Transactions and Exposures, and Prudential Standard 3PS 310…
On 8 July 2026 the Australian Prudential Regulation Authority (APRA) opened a consultation on amendments to its superannuation data collections, with written submissions due by 21 August 2026. The package targets two returns that registrable superannuation entity (RSE) licensees know well: SRS 533.0 Asset Allocation and SRS 610.2 Membership Profile. APRA proposes to amend both…
On 8 July 2026, the Account-to-Account (A2A) Payments Roundtable published the final A2A payments vision report, setting the long-term direction for Australia’s A2A payments system. The report contains a one-sentence vision statement and does not itself amend a statutory reporting return, filing deadline or technical reporting specification. That is exactly why the vision is worth…
On 10 July 2026, APRA opened its consultation on the 2026 APRA minor updates to the prudential and reporting framework. APRA describes the package as primarily technical clarifications without a material change in policy settings, but several proposals affect prudential calculations or reporting instructions. For ADIs, APS 120 would increase the credit conversion factor for…
APRA ECAI recognition matters where APS 112 uses an external rating to determine a credit rating grade and risk weight. Many other standardised-approach exposures are risk-weighted under prescribed exposure-class, loan-to-value, default-status or other rules that do not depend on an ECAI rating. On 9 July 2026, APRA republished the guidelines that govern that recognition, after…
APRA’s proposed risk-weight changes, released for consultation on 29 June 2026, land in a quiet part of your capital stack, and that is exactly why they are easy to get wrong. A lower risk weight only flows through to your capital ratio if the underlying exposure is mapped into the right bucket on the right…
If your board secretariat still lodges a fit and proper form every time a director or senior executive joins, the APRA governance reform now in consultation changes the calculus. On 16 June 2026 APRA opened consultation on a redrafted Prudential Standard CPS 510 Governance that pulls five existing standards into one, sets a 12-year tenure…
If your team treats the Financial Accountability Regime as a one-time mapping project that finished at commencement, the 16 June 2026 FAR rule changes from APRA and ASIC are a reason to reopen the file. The regulators are not relaxing who is accountable for what. They are reducing how much paperwork accountable entities keep current…
Treat IRB accreditation as a capital-saving shortcut and the project tends to stall about eighteen months in, when the model validators ask for three years of clean default data the bank never kept. The internal ratings-based approach lets a bank use its own estimates of borrower risk to set credit risk-weighted assets, instead of the…
The trap in APRA’s Retirement Reporting Framework is the calendar, not the forms. The proposed new collection has a first reporting period of the year ending 30 June 2027. That sounds far away until you notice what it means in practice: a registrable superannuation entity (RSE) licensee has to be capturing member-level retirement data from…