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Submission - Corporations and Financial Services' Inquiry into the Structure and Operation of the Superannuation Industry

The two year transitional licensing period for trustees of prudentially regulated superannuation entities ended on 30 June 2006. In additional to its ongoing supervisory activities in superannuation during this period, The Australian Prudential Regulation Authority (APRA) focussed on:

  • Providing guidance on the new standards and the registrable superannuation entity (RSE) licence application process;
  • deciding the licence applications;
  • registration of the licensees' funds, and
  • monitoring the wind up or transfer of those funds whose trustees did not seek a licence.

Download the Submission