Skip to main content

Banking Executive Accountability Regime

The Banking Executive Accountability Regime (BEAR), set out in Part IIAA of the Banking Act 1959, establishes accountability obligations for authorised deposit-taking institutions (ADIs) and their senior executives and directors. The regime also establishes, among other things, deferred remuneration, key personnel and notification obligations for ADIs.

The regime is administered by APRA.

December 2020

Information paper

On 11 December 2020, APRA released an information paper detailing the findings from its review of the implementation of the Banking Executive Accountability Regime by three of Australia’s largest ADIs.

October 2018

Information paper

On 17 October 2018, APRA released an information paper to assist ADIs to meet their obligations under the BEAR.

On 23 October 2018, an updated information paper and accompanying accountability statement template were released to incorporate minor amendments to formatting.

Submitting in APRA Connect

For guidance in making BEAR submissions in APRA Connect, please refer to the APRA Connect Support Material page.

Legislation and explanatory notes

Accompanying legislative instrument determining large, medium and small authorised deposit-taking institution

Other legislative instruments