Skip to main content
Open to submissions
29 January 2021

Proposed revisions to the credit risk management framework for authorised deposit-taking institutions

This page contains APRA's consultation on proposed revisions to the credit risk management framework for authorised deposit-taking institutions.

January 2021

On 7 January 2021, APRA issued an optional template that respondents may choose to use to provide structured feedback on the proposed Reporting Standard ARS 220.0 Credit Risk Management (ARS 220.0).

The template can be found below:


Published 7 January 2021

December 2020

On 10 December 2020, APRA issued a consultation letter inviting submissions on potential revisions to APS 220 Credit Risk Management. Information on how to respond is contained in the consultation letter below.

Submissions close on 29 January 2021. 


Consultation on revisions to the new Prudential Standard APS 220 Credit Risk Management

October 2020

On 28 October 2020, APRA released a draft Reporting Standard ARS 220.0 Credit Risk Management (ARS 220.0) for consultation.

Written submissions on the draft ARS 220.0 should be sent by 28 January 2021.

The draft ARS 220.0 and accompanying letter can be found below:

Draft Reporting Standard

Published 28 October 2020


Proposed reporting standard ARS 220.0 Credit Exposures and Provisions

December 2019

On 12 December 2019, APRA released a response to submissions and final standard on Credit Risk Management (APS 220) and, for consultation, Draft Prudential Practice Guide APG 220 Credit Risk Management (APG 220).

Written submissions on the draft APG 220 should be sent by 12 March 2020.

The response paper, final APS 220, draft APG 220 and non-confidential submissions can be found below: 

Response paper

Response to submissions: APS 220 Credit Risk Management

Prudential standard

Draft prudential practice guide

March 2019

The Australian Prudential Regulation Authority (APRA) has proposed updating its prudential standard on credit risk management requirements for authorised deposit-taking institutions (ADIs).

APS 220 was last substantially updated in 2006, and there has been significant evolution in credit risk practices since then, including more sophisticated analytical techniques and information systems. APRA’s plan to modernise the standard was prompted by its recent supervisory focus on credit standards, and also reflects contemporary credit risk management practices.

The proposed reforms are due to be implemented from 1 July 2020. See information relating to this consultation below:

Discussion paper

Draft prudential standard

Non-confidential submissions:


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.