Australian banks may struggle to meet data gathering component in APRA's new reporting standards
Although APRA’s liquidity reporting guidelines are still conceptual, Australian banks are bound to be tied to more stringent reporting compliance compared to most countries.
On November 9th 2012, the Australian Prudential Regulation Authority (APRA) released for discussion a paper outlining its proposed changes to liquidity reporting requirements for authorised deposit-taking institutions (ADIs), welcoming responses to the consultation paper. The discussion paper includes alterations to Reporting Standard ARS 210 Liquidity.
These stricter liquidity reporting requirements are proposed with the enhanced ability of monitoring ADI…
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, Basel III
, Risk and Regulation
, John Laker
, Liquidity Risk