On 13 October 2026 the Basel Committee on Banking Supervision published six Regulatory Consistency Assessment Programme (RCAP) reports on how Australia, Canada, Japan, Korea, Switzerland and the United Kingdom implement its leverage ratio framework. Australia, Japan, Korea and Switzerland were graded compliant, the highest overall grade. Canada and the UK were graded largely compliant, one…
In October 2026 the Reserve Bank of Australia published its Summary of Submissions to the Review of Payments System Regulation Issues Paper; the document itself is dated 6 October 2026. Seventy-five stakeholders answered the Issues Paper released on 25 June 2026. The RBA published 56 of those submissions in August and received the rest on…
On 28 September 2026 the Australian Prudential Regulation Authority (APRA) released a revised RPG 701.0 ABS/RBA Reporting Concepts for the Economic and Financial Statistics (EFS) Collection, the practice guide that authorised deposit-taking institutions (ADIs) and registered financial corporations (RFCs) use to interpret the EFS forms. For teams that own APRA EFS reporting, three edits carry…
On 3 September 2026 the Reserve Bank of Australia addressed two significant questions for payment and digital-asset firms. It published a joint RBA and Treasury paper, Retail Central Bank Digital Currency in the Australian Context: An Update, concluding that there is no clear public interest case for a retail CBDC in Australia. On the same…
On 3 September 2026, the Australian Prudential Regulation Authority (APRA) imposed licence conditions on ING Bank Australia Limited (ING Australia), raised the bank’s minimum liquidity requirement and applied a $50 million operational risk capital add-on. The trigger was a multi-year overstatement of the bank’s Liquidity Coverage Ratio (LCR). ING Australia had been reporting an LCR…
On 27 August 2026 the Reserve Bank of Australia’s Payments System Board met and reported developments across four areas: it endorsed the annual assessment of ASX’s clearing and settlement facilities against the Financial Stability Standards, discussed progress on the account-to-account (A2A) payments roadmap, endorsed the proposed approach to consulting on the future role of the…
On 25 August 2026, the Reserve Bank of Australia set out how far along it is on what it calls the road to ample. In a Sydney speech, the RBA’s Head of Domestic Markets, David Jacobs, described the central bank’s transition to an RBA ample reserves framework, a demand-driven regime for supplying the Exchange Settlement…
On 18 August 2026, APRA imposed licence conditions on Bendigo and Adelaide Bank Limited over what it described as longstanding and pervasive weaknesses in the bank’s non-financial risk management framework. The action is worth reading closely by every Australian authorised deposit-taking institution, because APRA reached for a power that sits underneath the banking authority itself…
Bendigo and Adelaide Bank has admitted it breached its accountability obligations under the Banking Executive Accountability Regime (BEAR), and on 10 August 2026 the Australian Prudential Regulation Authority (APRA) filed civil penalty proceedings against it in the Federal Court. The parties have jointly proposed that the bank pay an $8 million pecuniary penalty, subject to…
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…