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Supervision of conglomerate groups (Level 3)

Consultation on supervision of conglomerate groups (Level 3)
The previous conglomerate framework releases are listed below.
 
Changes to cross industry standards post August 2014
In August 2014, APRA released the framework for supervision of conglomerate groups (Level 3), but deferred a decision on its final implementation until the recommendations of the Financial System Inquiry (FSI), and the Government’s response to them, were announced.
APRA has made several amendments to some of the cross industry standards post August 2014, which were largely as a result of consequential amendments to the prudential framework. For convenience, these amendments are listed below.
 
Note: APRA's policy is to publish all submissions on the APRA website unless a respondent expressly informs APRA in writing that all or part of the submission is to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Where respondents would like only part of their submission to remain in confidence, they should provide this information marked as 'confidential' in a separate attachment.
 
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