General Information & Client Services
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
April 23, 2018

APRA published the final prudential and reporting standards related to counterparty credit risk for authorized deposit-taking institutions. These standards include APS 112, APS 180, ARS 112.2, ARS 118.1, and ARS 180.0. The standards will commence on July 01, 2019. APRA also released a response to the submissions received on the discussion paper on counterparty credit risk for authorized deposit-taking institutions.

The issued prudential standards are as follows:

  • Prudential Standard APS 112 Capital Adequacy: Standardized Approach to Credit Risk
  • Prudential Standard APS 180 Capital Adequacy: Counterparty Credit Risk
  • Reporting Standard ARS 112.2 Standardized Credit Risk: Off-balance Sheet Exposures (including Reporting Form ARF 112.2A)
  • Reporting Standard ARS 118.1 Other Off-balance Sheet Exposures (including ARF 118.1)
  • Reporting Standard ARS 180.0 Counterparty Credit Risk (including Reporting Forms ARF 180.1, ARF 180.2, and ARF 226)

APRA had launched the second consultation, in August 2017, regarding a series of revisions to the standardized approach for measuring counterparty credit risk exposures (SA-CCR) for authorized deposit-taking institutions. The first consultation was launched in 2016. APRA had received seven submissions on the 2017 consultation paper. Submissions did not raise issues with APRA’s proposed adoption of the adjusted current exposure method (CEM); therefore, APRA will adopt this simplified approach for the authorized deposit-taking institutions with immaterial counterparty credit risk, which will be the approach for the majority of authorized deposit-taking institutions. Otherwise, the issues raised were of a general nature, with some covering technical aspects of the proposals. Attachment A to the response letter covers the material issues raised in those submissions and some matters of clarification. Attachment B includes the number of other changes to the final standards made by APRA, including incorporating additional material from frequently asked questions published by BCBS.


Related Links

Effective Date: July 01, 2019

Keywords: Asia Pacific, Australia, Banking, CCR, SA-CCR, Capital Adequacy, Reporting, ARF 226, ARF 180, ARF 112.2A, ARF 118.1, APRA

Related Insights
News

IAIS Publishes Drafts of Revised ICP 8, ICP 15, ICP 16, and ICP 20

IAIS published the drafts of revised Insurance Core Principles on Public Disclosure (ICP 20), Investments (ICP 15), Enterprise Risk Management for Solvency Purposes (ICP 16), and Risk Management and Internal Controls (ICP 8), along with a revised draft of the glossary on enterprise risk management (ERM).

November 14, 2018 WebPage Regulatory News
News

MAS Amends Notice 637 on Capital Adequacy Requirements in Singapore

MAS published the final, revised Notice 637 on the risk-based capital adequacy requirements in Singapore.

November 13, 2018 WebPage Regulatory News
News

ESMA Updates Q&A on Implementation of CSD Regulation and MAR

ESMA updated questions and answers (Q&A) documents on the implementation of the Central Securities Depository (CSD) Regulation and Market Abuse Regulation (MAR).

November 12, 2018 WebPage Regulatory News
News

FSB Finalizes and Publishes the Cyber Lexicon

FSB published a cyber lexicon, following the public consultation earlier this year.

November 12, 2018 WebPage Regulatory News
News

SRB Updates Liability Data Reporting Template for 2019

SRB published version 2.7.1 of the Liability Data Reporting (LDR) Template.

November 12, 2018 WebPage Regulatory News
News

ECB to Conduct Comprehensive Assessment of Six Bulgarian Banks

ECB will undertake a comprehensive assessment of six Bulgarian banks. The exercise, comprising an asset quality review and a stress test, follows Bulgaria’s submission of a request to establish close cooperation with ECB on July 18, 2018.

November 12, 2018 WebPage Regulatory News
News

IMF Publishes Reports on the 2018 Article IV Consultation with Chile

IMF published its staff report and selected issues report under the 2018 Article IV consultation with Chile.

November 09, 2018 WebPage Regulatory News
News

PRA Issues PS27/18 on Implementing the Extension of SM&CR to Insurers

PRA published the policy statement PS27/18, which provides feedback to responses to the consultation paper CP20/18, on implementing the extension of the Senior Managers and Certification Regime (SM&CR) to insurers (Part 2).

November 09, 2018 WebPage Regulatory News
News

EBA Single Rulebook Q&A: First Update for November 2018

EBA published answers to seven questions under the Single Rulebook question and answer (Q&A) updates for this week.

November 09, 2018 WebPage Regulatory News
News

FED Finalizes the Large Financial Institution Rating System

FED finalized the new supervisory rating system for Large Financial Institutions (LFIs), to better align with the current supervisory programs and practices for these firms.

November 09, 2018 WebPage Regulatory News
RESULTS 1 - 10 OF 2204