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APRA publishes new FAQ for ADIs on loans covered by the Coronavirus SME Guarantee Scheme

Thursday 19 November 2020

The Australian Prudential Regulation Authority (APRA) has published a new frequently asked question (FAQ) for authorised deposit-taking institutions (ADIs) on the credit risk capital treatment of loans covered by the Coronavirus SME Guarantee Scheme.

The FAQ is available on the APRA website at: Banking COVID-19 frequently asked questions.

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Contact APRA Media Unit, on +61 2 9210 3636

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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 $6.5 trillion in assets for Australian depositors, policyholders and superannuation fund members.