Featured Product

    APRA Proposes to Increase Transparency of Banking Data

    September 29, 2020

    APRA announced that it is resuming consultation on the confidentiality of data submitted to APRA by the authorized deposit-taking institutions. To this end, APRA has published a consultation letter proposing a list of key data items to be determined non-confidential and is inviting stakeholder feedback on the consultation by November 20, 2020. APRA intends to publish entity-level data in 2021, with the exception of data on certificates of deposit.

    Earlier, APRA had published, on December 05, 2019, a letter advising that it was proposing to determine data sources for its authorized deposit-taking institution quarterly publications to be non-confidential and to provide an opportunity to the institutions to make submissions on these proposals. However, this consultation had been paused in response to the challenges posed by the COVID-19 outbreak. The December proposal outlined plans to determine that certain data collected for quarterly authorized deposit-taking institution publications should be considered non-confidential, thus allowing it to be published. A common theme in the industry submissions, by authorized deposit-taking institutions, to the December consultation was to break up and slow down the proposed publication of authorized deposit-taking institution data into more manageable stages. In response to this, APRA is now re-consulting on a much shorter list of key authorized deposit-taking institution metrics, sourced almost entirely from the Quarterly Authorized Deposit-taking Institution Performance Statistics (QADIP). The key authorized deposit-taking institution metrics subject to this consultation relate to capital adequacy, liquidity, asset quality, financial statements, and financial performance. 

    APRA also intends to use this publication as a foundation to reduce the burden of disclosure requirements for smaller authorized deposit-taking institutions. As has been consulted on previously, APRA is proposing to reduce the Pillar 3 disclosure burden for smaller institutions. Publication of these key metrics by APRA would be an enabler of this initiative. This proposal, which is outlined in Attachment 1 to the APRA letter, is a major step in improving the transparency of the risk profiles of authorized deposit-taking institutions while Attachment 2 to the letter contains a table of key authorized deposit-taking institution metrics. Publication of these data will assist in providing the public with a centralized and consistent data source on individual institutions. 

     

    Related Links

    Comment Due Date: November 20, 2020

    Keywords: Asia Pacific, Australia, Banking, Securities, Reporting, Disclosures, QADIP, EFS, Statistics, Regulatory Capital, Liquidity, APRA

    Featured Experts
    Related Articles
    News

    EBA Issues Erratum for Phase 2 Package of Reporting Framework 3.0

    EBA published an erratum for the technical package on phase 2 of the reporting framework 3.0.

    April 08, 2021 WebPage Regulatory News
    News

    EBA Updates Lists of Entities for Use in Capital Calculations under SA

    EBA published an erratum for the technical package on phase 2 of the reporting framework 3.0.

    April 08, 2021 WebPage Regulatory News
    News

    MAS Amends Notice on Related Party Transactions of Banks

    MAS amended Notice 643A that addresses requirements for banks to prepare statements of exposures and credit facilities to related concerns or parties.

    April 08, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Euro Short-Term Rate

    ECB has published, in the Official Journal of the European Union, the Guideline 2021/565 on the euro short-term rate (€STR) and this guideline amends the previous ECB Guideline 2019/1265.

    April 07, 2021 WebPage Regulatory News
    News

    EBA Consults on Standards Related to FRTB-SA

    EBA launched a consultation on the draft regulatory technical standards on the list of countries with an advanced economy for calculating the equity risk under the alternative standardized approach (FRTB-SA).

    April 07, 2021 WebPage Regulatory News
    News

    PRA Proposes Rules Related to IRB Approach for Credit Risk

    PRA is proposing, via CP7/21, the approach to implementing new requirements related to the specification of the nature, severity, and duration of an economic downturn in the internal ratings-based (IRB) approach to credit risk.

    April 07, 2021 WebPage Regulatory News
    News

    BoE Outlines Regulatory Treatment of Recovery Loan Scheme of UK

    The UK government launched the Recovery Loan Scheme (RLS) as part of its continued COVID-19 support for UK businesses, as announced by HM Treasury on March 03, 2021.

    April 06, 2021 WebPage Regulatory News
    News

    FSB Addresses G20 on COVID Measures, TBTF Reforms, and Climate Risks

    FSB published a letter, from its Chair Randal K. Quarles, to the G20 Finance Ministers and Central Bank Governors, ahead of their virtual meeting on April 07, 2021.

    April 06, 2021 WebPage Regulatory News
    News

    OSFI Unwinds Temporary Increase to Covered Bond Limit for Banks

    OSFI issued a letter to the deposit-taking institutions issuing covered bonds and announced the unwinding of the temporary increase to the covered bond limit for deposit-taking institutions, effective immediately.

    April 06, 2021 WebPage Regulatory News
    News

    EU Amends CRR and Securitization Regulation in Response to Pandemic

    To support recovery from the COVID-19 crisis, EU has published two regulations to amend the securitization framework, as set out in the Securitization Regulation (2017/2402) and the Capital Requirements Regulation or CRR (575/2013).

    April 06, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6826