Remake of Prudential Standard APS 910 Financial Claims Scheme
This page contains relevant information on APRA's proposal to remake sunsetting Prudential Standard APS 910 Financial Claims Scheme (APS 910).
September 2023
On 12 September 2023, APRA finalised minor administrative updates to Prudential Standard APS 910 Financial Claims Scheme (APS 910), which followed a short consultation.
The letter to industry, updated APS 910 and non-confidential submissions can be found below.
Letter
Remaking Prudential Standard APS 910 Financial Claims Scheme
Prudential standard
Published 12 September 2023 | Published 12 September 2023 |
Non-confidential submissions
July 2023
On 26 July 2023, APRA released a letter to consult on Prudential Standard APS 910 Financial Claims Scheme (APS 910), which is due to sunset on 1 October 2023.
APRA is proposing to remake APS 910 prior to the sunsetting date. APRA proposes to leave APS 910 unchanged at this stage, other than for minor updates to ancillary provisions.
This consultation will be open for submissions until 23 August 2023.
The letter to industry can be found below:
Letter
Consultation on remaking Prudential Standard APS 910 Financial Claims Scheme
Prudential standard
APS 910 is available on the APRA website at: Prudential and Reporting Standards for Authorised deposit-taking institutions.
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.
Submissions may be the subject of a request for access made under the Freedom of Information Act 1982 (FOIA). APRA will determine such requests, if any, in accordance with the provisions of the FOIA. Information in the submission about any APRA-regulated entity that is not in the public domain and that is identified as confidential will be protected by section 56 of the Australian Prudential Regulation Authority Act 1998 and will therefore be exempt from production under the FOIA.