Prudential Standards (1)
*APS 114 continues in force until 31 December 2021. From 1 January 2022, the new APS 115 will replace APS 114. This Prudential Standard requires an authorised deposit-taking institution using the standardised approach to operational risk to hold sufficient regulatory capital against those exposures.
Prudential Standard APS 114 Capital Adequacy: Standardised Approach to Operational Risk (APS 114) sets out APRA’s requirements of authorised deposit-taking institutions (ADIs) in relation to the measurement of operational risk for regulatory capital purposes. This prudential practice guide aims to assist ADIs in complying with those requirements and, more generally, to outline prudent practices in relation to the management and measurement of operational risk.
Reporting Standards (1)
This reporting standard outlines overall requirements to provide information to APRA about an authorised deposit-taking institution’s operational risk regulatory capital. It should be read in conjunction with the versions of Form ARF 114.0 Standardised – Operational Risk designated for an authorised deposit-taking institution reporting at Level 1 and Level 2, and the associated instructions (all form part of this reporting standard); and APS 114 Capital Adequacy: Standardised Approach to Operational Risk.