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APRA responds to submissions on the capital treatment of First Home Loan Deposit Scheme mortgages

Monday 9 December 2019

The Australian Prudential Regulation Authority (APRA) has released its response to the proposed capital treatment of mortgages covered by the First Home Loan Deposit Scheme. APRA will permit authorised deposit-taking institutions that use the standardised approach to credit risk to apply a lower capital requirement to eligible mortgages.

The response letter and non-confidential submissions are available on the APRA website at: Capital requirement for First Home Loan Deposit Scheme mortgages.


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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 $7.9 trillion in assets for Australian depositors, policyholders and superannuation fund members.