This page contains prudential standards and guidance notes that take effect on 1 July 2006. The changes reflect APRA's prudential approach to the adoption of International Financial Reporting Standards (IFRS) by ADIs. Prudential standards APS 111 and APS 220 and associated guidance notes have been significantly altered. The other prudential standards and guidance notes only contain incidental changes and formatting changes for consistency.

• APS 110 Capital Adequacy
• • AGN 110.1 Conglomerate Group
  • AGN 110.2 Non-Consolidated Subsidiaries
  • AGN 110.3 Level 3 Assessment
  • AGN 110.4 Risk-based Capital Adequacy Framework
  • AGN 110.5 Higher Minimum Ratios
  • AGN 110.6 Reductions in Capital

• APS 111 Capital Adequacy: Measurement of Capital
• • AGN 111.1 Tier 1 Capital
  • AGN 111.2 Tier 2 Capital
  • AGN 111.3 Criteria for Capital Issues Involving Use of Special Purpose Vehicles (SPVs)
  • AGN 111.4 Capital Deductions

• APS 112 Capital Adequacy: Credit Risk
• • AGN 112.1 Risk-Weighted On-Balance Sheet Exposures
  • AGN 112.2 Risk-Weighted Off-Balance Sheet Exposures
  • AGN 112.3 Netting
  • AGN 112.4 Treatment of Credit Derivatives in the Banking Book

• APS 120 Funds Management and Securitisation
• • AGN 120.1 Disclosure and Separation
  • AGN 120.2 Credit Enhancement
  • AGN 120.3 Purchase and Supply of Assets (including Securities Issued by SPVs)
  • AGN 120.4 Liquidity, Underwriting and Lending Facilities
  • AGN 120.5 Servicing, Managing and Treasury Dealings

• APS 220 Credit Quality
• • AGN 220.1 Impaired Facility Definitions
  • AGN 220.2 Impairment, Provisioning and the General Reserve for Credit Losses
  • AGN 220.3 Prescribed Provisioning
  • AGN 220.4 Credit Risk Grading Systems

• APS 221 Large Exposures