Search: APRA
RBA Glossary definition for APRA
APRA – Australian Prudential Regulation Authority. APRA is the prudential regulator of the Australian financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance companies, friendly societies, and most members of the superannuation industry.
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Methodology
1 Nov 1999
RDP
1999-09
The Act provides APRA with a range of powers designed to protect depositors. ... For a more extensive discussion of APRA's powers and objectives see Goldsworthy, Lewis and Shuetrim (1999).
https://www.rba.gov.au/publications/rdp/1999/1999-09/methodology.html
References
1 Nov 1999
RDP
1999-09
9302. Goldsworthy, B, D Lewis and G Shuetrim (1999), ‘APRA and the Financial System Inquiry’, Australian Prudential Regulation Authority Working Paper, forthcoming.
https://www.rba.gov.au/publications/rdp/1999/1999-09/references.html
Data, Assumptions and Methods
1 Nov 1999
RDP
1999-09
Lastly, the monitoring interval is set equal to one year. This is consistent with APRA's practice of conducting an on-site review and a prudential consultation with each bank once
https://www.rba.gov.au/publications/rdp/1999/1999-09/data-assumptions-and-methods.html