News and Publications

APRA has imposed a fine of almost $1.5 million dollars on OnePath Custodians Pty Limited for failing to direct member contributions to a MySuper product.

This follows recent changes by some banks to their processes for granting exceptions to borrowers who don’t meet minimum home loan serviceability criteria, such as the 3 per cent serviceability buffer.

The Roundtable was hosted by APRA Deputy Chair Margaret Cole and ASIC Commissioner Danielle Press, focusing on the effectiveness and adequacy of Trustees cyber risk-management practices.

As Helen’s term concludes this month, she paused to reflect on the challenges, achievements and people that helped build APRA.

The new Statement of Intent outlines APRA’s response to the Government’s expectations regarding APRA’s role, Government policy priorities, relationships with external stakeholders, and organisational matters.

The letter responds to our consultation on minor amendments to 24 insurance reporting standards, to improve their usability and remove any ambiguity that could lead to inaccurate reporting by industry.