APRA updated the frequently asked questions for measurement of capital by banks, general insurers, and life insurers. These questions provide further information to assist regulated entities in the interpretation of Banking Prudential Standard APS 111, Insurance Prudential Standard GPS 112, and Life Insurance Prudential Standard LPS 112.
The new, deleted, and updated questions cover the following topics:
- Information relevant for the assessment of eligibility of capital instruments
- Conversion requirements for additional tier 1 and tier 2 capital instruments
- Optional redemption of additional tier 1 and tier 2 capital instruments
- Mutual equity interests
Keywords: Asia Pacific, Australia, Banking, Insurance, Life Insurance, FAQ, APS 111, GPS 112, LPS 112, Regulatory Capital, APRA
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