APRA releases instructions for entities to update Direct to APRA to replace AUSkey
The Australian Prudential Regulation Authority (APRA) has released instructions for entities to update Direct to APRA (D2A) to replace AUSkey with myGovID and Relationship Authorisation Manager (RAM).
All entities who use D2A must ensure that the update is successfully completed before AUSkey is decommissioned at the end of March 2020.
Users of the APRA Extranet must also set up their myGovID and ensure they are authorised in RAM. The Extranet login link for myGovID will be available in March 2020.
Further information is available on the APRA website at D2A and Extranet are replacing AUSkey with myGovID and RAM. More information about myGovID and RAM is available on the ATO website.
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.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.