Consultation

Streamlining FAR administration

This page contains information regarding APRA and ASIC's consultation on proposed changes to the administration of the Financial Accountability Regime (FAR).
All industries
Open until
2 October 2026
Last Updated 2 September 2026

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On 2 September 2026, APRA and ASIC released a consultation letter on proposals to streamline FAR administration for all entities covered by the FAR.

Consultation is now open, until 2 October 2026.

APRA and ASIC are inviting feedback on the draft revised Regulator Rules and revised FAR information paper.

Feedback from consultation will inform the final changes to the Regulator Rules and Information Paper, planned for release in late 2026. APRA and ASIC expect the changes to take effect from early 2027.

Media release

APRA and ASIC commence consultation on FAR streamlining

Consultation letter

Consultation on streamlining FAR administration

Note on submissions

It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.

Submissions may be the subject of a request for access made under the Freedom of Information Act 1982 (FOIA). APRA will determine such requests, if any, in accordance with the provisions of the FOIA. Information in the submission about any APRA-regulated entity that is not in the public domain and that is identified as confidential will be protected by section 56 of the Australian Prudential Regulation Authority Act 1998 and will therefore be exempt from production under the FOIA.