APRA issues letter to ADIs on resuming consultation on confidentiality of data
The Australian Prudential Regulation Authority (APRA) has released a letter advising it is resuming its consultation on the confidentiality of data submitted by authorised deposit-taking institutions (ADIs), and a proposed list of key data items to be determined non-confidential. This consultation was paused in response to COVID-19.
The consultation letter is available on the APRA website at: Consultation on confidentiality of key ADI metrics.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $8.6 trillion in assets for Australian depositors, policyholders and superannuation fund members.