November 09, 2017

APRA proposed revisions to the Prudential Standard APS 330 Public Disclosure (APS 330). This standard facilitates market discipline by providing a set of common disclosure requirements for authorized deposit-taking institutions to allow market participants to assess authorized deposit-taking institutions' capital adequacy, remuneration, and other indicators of financial condition and risk profile. Through APS 330, APRA has implemented Pillar 3 disclosure requirements of BCBS. The consultation period ends on December 08, 2017 and APRA is proposing that the revised APS 330 would be effective from July 01, 2018.

BCBS released updates to its Pillar 3 framework in June 2015, January 2015, and March 2017. The June 2015 update included release of disclosure requirements for the net stable funding ratio (NSFR). The January 2015 revisions focused on disclosures to improve the transparency of the internal ratings-based (IRB) approach to credit risk. The March 2017 revisions consolidate the existing Pillar 3 disclosure requirements, including liquidity ratios, among other enhancements. The proposed revised APS 330 consolidates the NSFR disclosures and liquidity ratio disclosure requirements. However, APRA is not proposing to include other updates, which BCBS proposed in January 2015 and March 2017. APRA intends to consult on all other changes to APS 330 when the next phase of the Basel Committee’s review of the Pillar 3 framework is finalized.

 

Related Links

Comment Due Date: December 08, 2017

Effective Date: July 01, 2018

Keywords: Asia Pacific, Australia, Banking, Pillar 3, Basel III, Disclosure Requirements, APS 330, NSFR, LCR, APRA

Related Articles
News

APRA Releases Minor Changes to Reporting Standards on SA-CCR for Banks

APRA released minor changes to the three reporting standards for the standardized approach for measuring counterparty credit risk exposures (SA-CCR).

May 22, 2019 WebPage Regulatory News
News

APRA on Industry Self-Assessments into Governance and Accountability

APRA released an information paper analyzing the self-assessments performed by 36 of the country’s largest banks, insurers, and superannuation licensees in response to the final report on the Prudential Inquiry into the Commonwealth Bank of Australia (CBA).

May 22, 2019 WebPage Regulatory News
News

APRA Proposes to Amend Guidance on Residential Mortgage Lending

APRA is consulting on revisions to the prudential practice guide APG 223 on residential mortgage lending in Australia.

May 21, 2019 WebPage Regulatory News
News

IASB Proposes Improvements to IFRS 9 and IFRS 16

IASB published the exposure draft ED 2019/2 that proposes amendments to four IFRS standards, including IFRS 9 on Financial Instruments and IFRS 16 on Leases.

May 21, 2019 WebPage Regulatory News
News

ESAs Amend Technical Standards on Mapping of ECAIs Under CRR

ESAs published a second amendment to the implementing technical standards on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk under the Capital Requirements Regulation (CRR).

May 20, 2019 WebPage Regulatory News
News

OCC Consults on Information Collection for Home Mortgage Disclosures

OCC is soliciting comment on the revision of the information collection titled “Regulation C—Home Mortgage Disclosure.” OCC also notes that it has sent the collection to OMB for review.

May 20, 2019 WebPage Regulatory News
News

OCC Report Examines Key Risks for Federal Banking System

OCC published the Seminannual Risk Perspective for Spring 2019.

May 20, 2019 WebPage Regulatory News
News

ESMA Updates the List of Guidelines Under Its Mandate in May 2019

ESMA updated the overview of guidelines published under its mandate, with information and links to the related documents.

May 20, 2019 WebPage Regulatory News
News

EIOPA Updates Q&A on Regulations in May 2019

EIOPA published additional questions and answers (Q&A) on guidelines, directives, and regulations applicable to insurers in Europe.

May 17, 2019 WebPage Regulatory News
News

FSB Publishes Update on Meeting of RCG for Americas

FSB published a summary of the meeting of its Regional Consultative Group (RCG) in Americas.

May 17, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3108