APRA Finalizes Revised Financial Claims Scheme Standard

The Australian Prudential Regulation Authority (APRA) has finalised minor administrative updates to Prudential Standard APS 910 Financial Claims Scheme (APS 910), following a short consultation. APS 910 forms a key component of APRA's crisis management framework and the remade standard will come into effect on 1 October 2023.

The response letter, updated prudential standard and non-confidential submissions are available on the APRA website at: Remake of Prudential Standard APS 910 Financial Claims Scheme.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.