- The use of synthetic
Basel Committee meeting focuses on financial stability, digitalisation and Basel III implementation
Therese McCarthy Hockey’s opening remarks to FINSIA’s The Regulators
On 12 September2025, the Australian Prudential Regulation Authority (APRA) published Therese McCarthy Hockey’s opening remarks to the Financial Services Institute of Australasia (FINSIA).
Ms Therese McCarthy-Hockey is a member of APRA’s Executive Board. In her opening remarks she covers the “three Ps” to illuminate APRA’s thinking behind its latest Corporate Plan:
APRA’s plans to support small and medium-sized banks
On 7 August 2025, the Australian Prudential Regulation Authority (APRA) issued a media release stating that it will make changes to its banking framework following the Council of Financial Regulators’ (CFR) Review into Small and Medium-sized Banks.
The Australian Government welcomed all nine actions from the CFR’s review and APRA will
APRA proposes changes to create a simpler and more efficient bank licensing framework
On 30 July 2025, the Australian Prudential Regulation Authority (APRA) issued a discussion paper – Improving the licensing framework for authorised deposit-taking institutions.
In the discussion paper APRA outlines proposals that are intended to improve the current licensing process for authorised deposit-taking institutions (ADIs) introduced in 2018. The new regime
APRA Chair John Lonsdale – Speech to Australian Banking Association Conference 2025
On 24 July 2025, the Australian Prudential Regulation Authority (APRA) published its Chair’s speech to the Australian Banking Association Conference 2025. In this speech, APRA Chair John Lonsdale foreshadows amendments to prudential regulation and macroprudential policy tools, reviews of existing prudential standards, and calls banks, insurers and superannuation trustees to have increased vigilance
ASIC Chair speech – AI: A blueprint for better banking?
On 23 July 2025, the Australian Securities and Investments Commission (ASIC) published a speech by its chair, Joe Longo. The speech was delivered at the Australian Banking Association (ABA) Banking Conference in Sydney and encourages responsible use of artificial intelligence (AI) to improve customer outcomes in banking.
A new
APRA maintains macroprudential settings to support financial stability
On 23 July 2025, the Australian Prudential Regulation Authority (APRA) announced that it had decided to keep its macroprudential policy settings unchanged to maintain financial stability, citing sound lending standards and low non-performing loans, while monitoring risks from high household debt and elevated risk of economic shocks caused by an uncertain geopolitical environment.
APRA proposes changes to capital framework for annuity products
On 12 June 2025, the Australian Prudential Regulation Authority (APRA) issued a consultation paper on modifying the capital framework for annuities.
In summary the proposals redesign the illiquidity premium in Prudential Standard LPS 112 Capital Adequacy: Measurement of Capital (LPS 112). Specifically, APRA proposes to allow a bigger liquidity premium where
Basel Committee – Principles for the Management of Credit Risk
On 30 April 2025, the Basel Committee on Banking Supervision (Basel Committee) revised its Principles for the Management of Credit Risk (Credit Risk Principles).
The Credit Risk Principles provide guidelines for banking supervisory authorities to evaluate banks’ credit risk management processes in four key areas: (i) establishing a suitable credit risk
Basel Committee initiates work on ICT risk management and synthetic risk transfers
- Lessons learned from the 2023 banking turmoil. The Basel Committee took stock of its work to develop practical