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APRA has finalised amendments to its prudential standards on the capital treatment of longevity products, including annuities, to strengthen the market for retirement income products.
The Australian Prudential Regulation Authority has decommissioned its legacy Direct to APRA (D2A) data submission system for entity access following the identification of security vulnerabilities through a routine test. APRA is accelerating its program to transition all APRA’s data collections onto APRA Connect.