The Australian Prudential Regulation Authority (APRA) has finalised minor administrative updates to Prudential Standard APS 910 Financial Claims Scheme (APS 910), following a short consultation. APS 910 forms a key component of APRA’s crisis management framework and the remade standard will come into effect on 1 October 2023.
The response letter, updated prudential standard and non-confidential submissions are available on the APRA website at: Remake of Prudential Standard APS 910 Financial Claims Scheme.