Minor updates to APRA’s prudential and reporting framework

To: All APRA-regulated entities

APRA is consulting on a package of minor updates to the prudential and reporting framework. This annual process is intended to maintain the clarity, accuracy and usability of APRA’s requirements, without changing underlying policy or reporting settings.

Minor updates

Minor updates are proposed to 10 prudential standards, 15 reporting standards and two prudential practice guides.

The updates include:

• clarifications to improve interpretation and application of existing requirements
• minor amendments to prudential standards to correct drafting issues and outdated references, incorporate previously announced measures, and ensure consistency across the framework, and
• targeted updates to reporting standards to improve data quality and usability.

Together, these changes are designed to resolve ambiguity, address feedback from industry, and ensure APRA continues to receive consistent and high-quality information to support supervision. The changes do not introduce new policy requirements or materially alter existing obligations. Rather, they are intended to improve the operation of the existing framework. For more detail, see Attachment A and the marked-up reporting standards released with this letter.

Request for submissions

APRA welcomes feedback on the proposed changes including on their proposed implementation timing. Written submissions should be sent to policydevelopment@apra.gov.au by 21 August 2026. All information in submissions will be made available to the public on the APRA website unless a respondent expressly asks that all or part of the submission be kept confidential.

APRA expects to finalise these changes in November 2026, and for them to be effective from 1 January 2027, except for the sunsetting reporting standards which will be remade before they are due to sunset. The new versions of these reporting standards will take effect on their respective sunsetting date.

For an overview of this consultation, including key dates, supporting documents and information on how to make a submission, see the Minor updates to the prudential and reporting framework consultation page.

Consultation Letter

A PDF version of the consultation letter, including Attachment A with marked-up proposed changes, is available below.