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APRA’s work arrangements

24 March 2020

 

The Australian Prudential Regulation Authority (APRA) has asked all of its employees to work from home, as of Monday 23 March, to enable the organisation to continue its operations with minimal disruption in a safe and secure environment in response to the COVID-19 pandemic.

From the close of business on Monday 23 March until further notice, all APRA offices (Sydney, Melbourne, Brisbane, Adelaide and Canberra) will be closed, with access only to restricted essential services. This measure is a temporary precautionary step and recognises the Government and health authorities’ request to enforce social distancing limits as a means of slowing the spread of the virus.

APRA is well prepared for this operating environment, with the vast majority of its workforce fully enabled and prepared to work remotely. 

This temporary arrangement has no impact on APRA’s ability to perform its role of supervising financial institutions in order to protect the interests of bank depositors, insurance policyholders and superannuation members. Entities can continue to contact their supervisors using their usual methods.

 

Media enquiries

Contact Ben McLean, APRA Media Unit, on +61 2 9210 3024

All other enquiries

For more information contact APRA on 1300 558 849.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $6.5 trillion in assets for Australian depositors, policyholders and superannuation fund members.