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Status: Closed
October 2021

Preparations for zero and negative interest rates

APRA has consulted on its draft expectations regarding authorised deposit-taking institutions’ (ADIs’) preparedness for the possibility of zero and negative interest rates.

October 2021

On 28 October 2021, following industry consultation APRA released a letter to industry on its final expectations regarding ADIs’ preparedness for the possibility of zero and negative interest rates.

The letter to industry and non-confidential submissions can be found below: 

Letter

Letter to ADIs: Operational preparedness for zero and negative interest rates

Non-confidential submissions

Published 28 October 2021

Published 28 October 2021

Published 28 October 2021

Published 28 October 2021

 

July 2021

Release of letter outlining APRA’s draft expectations of ADIs

On 12 July 2021, APRA released a letter to industry to consult on its draft expectations regarding ADIs’ preparedness for the possibility of zero and negative interest rates. Written submissions on the draft expectations are due by 20 August 2021. 

The letter to industry can be found below:

Letter to ADIs: Consultation on zero and negative interest rates

Note on submissions

It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.