Australia

Details

  • Service: Topics, Financial Services Regulation
  • Industry: Financial Services, Banking
  • Type: Regulatory update
  • Date: 24/12/2013

Final prudential standards: Capital and liquidity for the banking sector 

The Australian Prudential Regulation Authority (APRA) released important final prudential standards affecting the Banking sector in late December 2013.

These changes relate to APRA’s approach to the Basel III liquidity reforms, as well as additional capital requirements for designated banks deemed to be systemically important to the domestic financial system.

 

KPMG’s summary covers:

  • Basel III Liquidity Reforms (APS 210), and
  • Domestically Systemically Important Banks (D-SIBs).
 

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