Formalising a three-tiered approach to proportionality in banking prudential framework
December 2025
On 5 December 2025, APRA released for consultation a discussion paper on proposals to introduce a third tier in the prudential framework for banks.
Written submissions are requested by 27 February 2026. The media release and discussion paper are available below.
Media release
Discussion paper
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.