Skip to main content

Regulation impact statements

The Regulation Impact Statement (RIS) process seeks to assist government officials to move towards ‘best practice’ regulatory design and implementation by requiring the completion of a detailed cost-benefit analysis.

Preparation of a RIS formalises and documents the steps that should be taken in making regulation. It provides a consistent, systematic and transparent process for assessing alternative approaches to regulatory problems. It includes an assessment of the impacts of the proposed regulation, and alternatives, on different groups and the community as a whole. The primary role of the RIS is to improve government decision-making processes by ensuring that all relevant information is presented to the decision maker when a decision is being made.

Regulation impact statement September 2021
Regulation impact statement October 2018
Regulation impact statement January 2018
Regulation impact statement December 2017
Regulation impact statement November 2017
Issued December 2016
Regulation impact statement November 2016
Regulation impact statement October 2016
Regulation impact statement March 2016
Issued April 2015
Regulation impact statement November 2014
Regulation impact statement January 2014
Regulation impact statement December 2013
Regulation impact statement June 2013
Regulation impact statement June 2013
Regulation impact statement November 2012
Regulation impact statement September 2012 (updated November 2012)
Regulation impact statement May 2012
Regulation impact statement June 2011
Regulation impact statement May 2011
Regulation impact statement January 2010

 

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $8.6 trillion in assets for Australian depositors, policyholders and superannuation fund members.