The Australian Prudential Regulation Authority (APRA) has released final reporting standards to support the updated capital adequacy and credit risk capital requirements for authorised deposit-taking institutions (ADIs).
The package published today responds to the consultation released in April 2022 on APRA's proposed new and updated reporting standards. It will accompany the new bank capital framework, which is designed to embed unquestionably strong levels of capital and align Australian standards with the internationally agreed Basel III requirements.
APRA has made changes to these new collections to better meet data needs, simplify reporting requirements, and reduce the need for future data collections and ad hoc requests.
The letter to industry and final reporting standards, draft taxonomy artefacts and non-confidential submissions are available on the APRA website at: Revisions to the capital framework for authorised deposit-taking institutions.
