Featured Product

    APRA Revises Its Reporting Standard on Capital Adequacy

    March 19, 2018

    APRA published a letter to authorized deposit-taking institutions regarding changes to reporting requirements in the Reporting Standard ARS 110.0 Capital Adequacy (ARS 110.0). APRA proposed to defer implementation of the revised ARS 110.0 until September 30, 2018.

    APRA is making minor consequential changes to the reporting requirements in ARS 110.0 based on the revised mutual equity interest framework in Prudential Standard APS 111 tilted "Capital Adequacy: Measurement of Capital," which came into effect on January 01, 2018. The mutual equity interest framework facilitates the issuance of common equity tier 1 (CET1) eligible capital instruments by mutually owned authorized deposit-taking institutions. The change adds the following two line items to Reporting Form ARF 110_0_1 Capital Adequacy (Level 1) and Reporting Form ARF 110_0_2 Capital Adequacy (Level 2):

    • Item 1.1.2—Mutual Equity Interests captures all mutual equity interests on issue up to a maximum of 25% of an authorized deposit taking institutions' CET1 capital before applying regulatory adjustments.
    • Item 3.5—Excess Mutual Equity Interests captures any mutual equity interests on issue that are not eligible for inclusion in CET1 capital.

     

    Related Links

    Effective Date: September 30, 2018 

    Keywords: Asia Pacific, Banking, CET1, Capital Adequacy, ARS 110, APRA

    Related Articles
    News

    EBA Report on MREL Shows Progress in Resolution Planning

    EBA published the first quantitative report taking stock of the increased capacity of minimum requirements for own funds and eligible liabilities (MREL) in EU.

    February 17, 2020 WebPage Regulatory News
    News

    ESMA Updates Q&A on Credit Rating Agencies Regulation

    ESMA updated questions and answers (Q&A) document on the Credit Rating Agencies (CRA) Regulation.

    February 17, 2020 WebPage Regulatory News
    News

    EC Announces Funding for Sustainable Finance Project in France

    EC announced an investment for the latest projects, including a project on sustainable finance, under the LIFE program for the environment and climate action.

    February 17, 2020 WebPage Regulatory News
    News

    FDIC Releases Economic Scenarios for Stress Testing in 2020

    FDIC released the hypothetical economic scenarios for use in the upcoming stress tests for covered institutions with total consolidated assets of more than USD 250 billion.

    February 14, 2020 WebPage Regulatory News
    News

    EBA Acknowledges EC Adoption of Amended Supervisory Reporting Standard

    EBA acknowledged the adoption, by EC, of an Implementing Act with regard to the common reporting (COREP) and financial reporting (FINREP) changes, in accordance with the Capital Requirements Regulation or CRR.

    February 14, 2020 WebPage Regulatory News
    News

    APRA and ASIC Welcome Proposed Reforms for Superannuation Sector

    APRA and the Australian Securities and Investments Commission (ASIC) have jointly welcomed the proposed legislative reforms increasing the role of ASIC in the superannuation sector.

    February 14, 2020 WebPage Regulatory News
    News

    ESMA Responds to EC Consultation on Review of Benchmarks Regulation

    ESMA published its response to EC consultation on review of the Benchmarks Regulation in EU.

    February 14, 2020 WebPage Regulatory News
    News

    OSFI on Guide and Form for Replicating Portfolio Information Summary

    OSFI revised the instruction guide and form related to filing the Replicating Portfolio Information Summary.

    February 14, 2020 WebPage Regulatory News
    News

    FFIEC Publishes Guide to HMDA Reporting for Data Collected in 2020

    FFIEC issued the 2020 edition of guide to Home Mortgage Disclosure Act (HMDA) reporting for the data collected in 2020 and reported in 2021.

    February 13, 2020 WebPage Regulatory News
    News

    ISDA Guide on Smart Contracts for Equity and Interest Rate Derivatives

    ISDA has published the fourth and fifth installments in a series of legal guidelines for smart derivatives contracts.

    February 13, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 4687