APRA ECAI Recognition Guidelines: What ADIs Must Check in APS 112
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…