An overview of non-regulated industry

A non‑regulated industry refers to organisations that are not authorised or prudentially supervised by APRA, but that may still interact with APRA for specific purposes.

Organisations which fall under non-regulated industries are not subject to APRA’s prudential standards or ongoing supervision in the same way as authorised entities (such as banks, insurers or superannuation trustees). However, APRA may collect information from them to support its regulatory objectives, financial system monitoring, or the administration of specific legislative frameworks.

Some of the more significant categories of non‑regulated entities are:

Obligations

While non‑regulated entities are not subject to prudential supervision, they may still be required to comply with reporting obligations depending on the type of entity. Further information on applicable requirements is available on the below pages.

Footnotes

    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 $10.6 trillion in assets for Australian depositors, policyholders and superannuation fund members.