The Australian Prudential Regulation Authority (APRA) has published a letter to authorised deposit-taking institutions outlining the regulatory capital treatment of their equity investments in the Australian Business Growth Fund.
The letter can be found on the APRA website at https://www.apra.gov.au/capital-treatment-of-investments-australian-business-growth-fund
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9.8 trillion in assets for Australian depositors, policyholders and superannuation fund members.