covid 19
… that banks that offered borrowers impacted by the COVID-19 pandemic an option to defer repayments for a period … ongoing support to customers temporarily impacted by COVID-19. This will help to avoid unnecessary hardship and … For more information contact APRA on 1300 558 849. COVID-19 The Australian Prudential Regulation Authority …
… McCarthy-Hockey, is now heavily focused on responding to COVID-19. The division has set up intensive monitoring … liquidity and operational resilience. “Responding to COVID-19 has helped to fast-track the consolidation of the … of 2019 was a significant milestone for the division. The COVID-19 crisis has sharpened the team’s focus on member …
… that had been granted temporary repayment deferrals due to COVID-19. Essentially, APRA allowed banks and other … being available to be utilised in times of crisis. COVID-19 was such a time. Nevertheless, to provide … source of flexibility and support to borrowers impacted by COVID-19 – also represent a key area of risk to Australia’s …
… planned policy and supervision initiatives in response to COVID-19. At the time, APRA foreshadowed it would also … their time and resources on dealing with the impact of COVID-19. The affected standards and their revised … April 2020) < https://www.bis.org/press/p200403a.htm >. COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
… entities have responded well to the impacts of COVID-19, and Australia’s financial system remains in sound … are protected. With our policy agenda now out of the COVID-related deep freeze, we are once again focused on … loan repayment deferrals granted to borrowers impacted by COVID-19. We examine the importance of a good skills matrix …
… investment income mainly from the negative impact of the COVID-19 pandemic on investments markets in the March … pronounced in the March quarter with the impact of COVID-19 on investment markets. Industry performance since the onset of COVID-19 has been an industry profit of $1.0 billion in the …
… Council of Financial Regulators, COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
… This consultation was paused in response to COVID-19. The consultation letter is available on the APRA …
… to prioritise activities to respond to the impacts of COVID-19. The agenda recommenced in late 2020 at the point … sector, able to support the recovery from the impacts of COVID-19. APRA’s key policy priorities include: finalising … “Given the continued uncertainly generated by COVID-19, APRA’s proposed policy and supervision agenda for …
… Insights from APRA’s Pandemic Data Collection While COVID-19 continues to have a significant impact on our … investment options. To better understand the impact of COVID-19 on superannuation funds and their members in this … APRA – in collaboration with ASIC – launched the COVID-19 Pandemic Data Collection ( PDC ) in June. Data was …
… in 2017 during the period of disruption caused by COVID-19. APRA Chair Wayne Byres said: “APRA has been … above minimum regulatory requirements,” Mr Byres said. COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
… in order to fulfil their commitments not to profit from COVID-19. Claims costs increased over the period by 1.6 per cent, largely due to the easing of COVID-19 related restrictions in private hospitals throughout …
… on 23 March this year in response to the impact of COVID-19. The consultation resumes today and will last for …
… key policy reforms, as well as managing the impacts of COVID-19. The letter outlining APRA’s updated policy …
… underwriting results were constrained by provisioning for COVID-19 related Business Interruption (BI) claims, and large … although increasing, continuing to be lower than pre-COVID-19 levels. The industry PCA coverage ratio increased …
… Claims growth remained lower than previous years due to COVID-19 restrictions and lockdowns, but increased relative … gross margins for the year and net margins returned to pre-COVID levels. Investment earnings increased materially in the …
… Lockdowns and other restrictions associated with COVID-19 have triggered a spate of potential BI claims, with … this. Although the legal disputes around BI cover for some COVID-19 claims have yet to be fully resolved, the fact that …
… Scheme: Insights from APRA’s Pandemic Data Collection The COVID-19 Pandemic Data Collection was launched in June, and … repayment deferral data: Shining a light on credit risk COVID-19 has seen banks grant temporary loan repayment …
… been updated to account for the substantial impact of the COVID-19 pandemic. APRA’s Corporate Plan continues to be …
… their operations and supporting customers in response to COVID-19. This approach is also consistent with the recent … is available here: https://www.bis.org/press/p200327.htm COVID-19, Basel III Media enquiries Contact APRA Media Unit, …