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ARS 115 Standardised measurement approach to operational risk

24 February 2020

The ABA asks APRA to consider the ARS 115 consistency with the accounting standard and consistency with current data consultation outcomes.

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APRA consultation on treatment of loans impacted by COVID-19
21 August 2020

The ABA seeks clarification, but welcomes APRA’s approach by requiring a credit assessment to be ‘appropriate’. The ABA welcomes greater data transparency by regulators, but has a list of recommendations for ARS 923.3.

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Banking Amendment (Deposits) Bill 2020
10 July 2020

The ABA believes that deposits are currently protected and could not be bailed in during the resolution process of any ADI.

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ABA Response to Senate inquiry into Australian Government’s response to COVID-19
2 June 2020

The response incorporates initiatives on loan deferrals and lending, banking accessibility, and electronic conveyancing and electronic mortgages. These measures were designed to support consumers and businesses through this difficult time and intended to mitigate the impacts of COVID-19 on bank
customers.

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