covid 19
APRA commences new data collection to assess temporary early release of superannuation scheme
… for superannuation entities . Data collection, COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
A conversation with outgoing APRA Member Geoff Summerhayes
… the situation as ‘serious but stable’. Since then, COVID-19 has created additional challenges for private health … industry? The main challenge is the implications of COVID, many of which are permanent in my view. With the … APRA regulated firms have done remarkably well during COVID. Other sectors of the economy have been laid bare, …
Contingent liquidity: Proposed guidance
… the period of funding market volatility in response to COVID-19, APRA set expectations that MLH ADIs hold higher … Guidance (19 October 2020) . 2 A key lesson from the COVID-19 stress was that most MLH ADIs took longer than …
APRA releases its policy and supervision priorities for 2022
… to focus on ensuring financial stability in the face of COVID-19, APRA’s latest priorities feature a heightened … has demonstrated its resilience throughout the pandemic, COVID-19 has underlined the potential for unexpected shocks …
Guidance on contingent liquidity for locally-incorporated ADIs subject to LCR requirements
… of the liquidity impacts through the early stages of COVID-19, APRA considers that it would be prudent for an ADI …
Technical Working Group Minutes 21 October 2020
… Michael Murphy) Daniel Hunt reflected on the impacts of COVID-19 on both APRA and industry and the significant … most recent need to focus on understanding the impact of COVID-19 crisis on entities. He provided an overview of data …
APRA Deputy Chair Helen Rowell - Speech to AIST 2020 Trustee Forum
… in neither of those two speeches was there any mention of COVID-19. Like most of the world, APRA was aware of the … 515 has only become more critical since the outbreak of COVID-19. The financial and operational challenges created by … entered hibernation earlier this year in response to COVID-19, but re-awakened last month with the release of the …
H.E.S.T. Australia to make payments to members impacted by March 2020 revaluations
… made by HESTA in March 2020, at the beginning of the Covid-19 pandemic. HESTA is the trustee for the HESTA …
APRA advises regulatory approach to RBA Term Funding Facility
… > COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
Second opening statement for House of Representatives Standing Committee on Economics - September 2021
… of “protected today, prepared for tomorrow”. Clearly, COVID-19 remains the dominant influence on the current … reforms, while closely monitoring the ongoing impact of COVID 19 on the financial system. Some of the initiatives … to borrowers impacted by the emergence of widespread COVID-19 lockdowns.. For these banks, APRA is providing …
Myths and misconceptions should be no barrier to super consolidation
… misconceptions should be no barrier to super consolidation COVID-19 has presented challenges for all APRA-regulated … the test over recent months. The short term impact of the COVID-19 crisis will pass, but some of its effects will be … than they may have done to date. The impacts flowing from COVID-19 will be significant for some funds, accelerating …
HRS 605.0 Private Health Insurance Reform Data Collection - response to submissions on further changes
… allow PHIs to devote resources to handling the impacts of COVID-19 1 . In September 2020 APRA and the Department …
Capital management
… Wayne Byres Chair Footnote 1 Stress testing banks during COVID-19 2020 … Capital management …
Extension of the modernised economic and financial statistics (EFS) reporting parallel run
… of the respiratory illness identified as Coronavirus (COVID-19), the agencies wish to ensure a consistent data …
Regulators release feedback on financial institutions’ preparation for LIBOR transition
… LIBOR. The regulators recognise that disruptions from the COVID-19 outbreak may affect the timing of some aspects of …
Accessible version of the Early Release Scheme for 10 May 2020
… 10 May 2020 This dashboard contains the latest data on the COVID-19 Superannuation Early Release Scheme, for the period …
Contingent liquidity: final guidance
… increased their self-securitised assets quickly during the COVID-19 stress. APRA’s response: Many ADIs increased their … self-securitised assets in a timely manner during the COVID-19 stress. However, there is still a plausible risk of …
APRA Chair Wayne Byres - Speech to Trans-Tasman Business Circle webinar
… to see its active program of events is continuing in a COVID world, and I’m certainly happy to contribute to the … five months since the Australian Government declared COVID-19 as a global pandemic, there is unfortunately no end … initially sought to contribute to dampening the impact of COVID-19: by easing the operational burden on regulated …
Accessible version of the Early Release Scheme for Issue 4
… for Issue 4 This dashboard contains the latest data on the COVID-19 Superannuation Early Release Scheme, for the period …
Strategic Industry Reference Group minutes - Monday 21 September 2020
… Alison Bliss) Sean Carmody reflected on the impacts of COVID-19 on both APRA and industry and the significant … and more difficult in the new way of working post COVID-19. Entitles that choose to go to market for technical …