Letters
Finalising minor prudential framework updates for ADIs, insurers and registrable superannuation entity licensees
To: All authorised deposit-taking institutions (ADIs), insurers and registrable superannuation entity licensees
APRA is finalising various minor updates to the prudential and reporting framework. These updates are technical clarifications and corrections as opposed to changes in policy settings.
APRA consulted on the proposed changes in September 2025. APRA received two submissions supportive of proposed changes to GPS 410 and CPG 233, and no submissions in regard to the other proposed changes.
Final standards, and non-confidential submissions are available on APRA’s website. APRA’s response is summarised in the table below.
| Standard or guidance subject to change | Industries covered | APRA response |
|---|---|---|
| CPS 001 Defined terms | Authorised deposit-taking institutions, general insurance, life insurance, private health insurance | Finalised: effective 1 January 2026 |
| GPS 410 Transfer and Amalgamation of Insurance Business for General Insurers | General insurance | Finalised: effective 1 January 2026 |
| HPS 115 Capital Adequacy: Insurance Risk Charge | Private health insurance | Finalised: effective 1 January 2026 |
| HRS 101 Regulatory Income Statement – Supplementary Information (reporting standard) | Private health insurance | Finalised: effective for reporting periods ending on or after 31 March 2026 |
| HRS 115 Insurance Risk Charge (reporting standard) | Private health insurance | Finalised: effective for reporting periods ending on or after 31 March 2026 |
| CPG 233 Pandemic Planning | Authorised deposit-taking institutions; general insurance; life insurance; superannuation | Retired effective immediately |
Yours sincerely,
| Sean Carmody Executive Director Policy and Advice Division | Bruce Young |