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This letter outlines nine actions APRA is taking to support productivity while maintaining the strength and stability of the financial system in a balanced and efficient way.
APRA has released for consultation a number of minor updates to the prudential and reporting framework for authorised deposit-taking institutions, general, life and private health insurers and registrable superannuation entity licensees.
APRA has released minor updates to Private Health Insurance (Health Benefits Fund Enforcement) Rules 2015 to ensure it is kept up to date and remains in force.
APRA has issued a letter to RSE licensees outlining its initial observations, highlighting examples of better practice, and identifying areas for improvement to support compliance with legal obligations and enhance member outcomes.
APRA has finalised today targeted changes to how ADIs treat Higher Education Loan Program (HELP) debt repayments when assessing home loan applications.
APRA has written to all RSE licensee board chairs, reinforcing expectations around information security and the implementation of robust authentication controls.
APRA and ASIC have released an update on the progress life insurers and friendly societies have made in addressing issues related to premium increases, product design, and disclosure and marketing materials.