Revisions to the minimum capital requirements for market risk
20 June 2018
This consultation is a step forward in improving the risk sensitivity, consistency and operational process of some aspects of the market risk framework. However, certain aspects of the framework remain excessively onerous, unduly complex and unrepresentative of the actual risk intended to be mitigated in smaller markets such as Australia.
Download PDFRevisions to the capital framework for ADIs
15 June 2018
The ABA welcomes the APRA discussion paper which includes proposed revisions to the capital framework, as well as other changes to better align the framework to risks, including in relation to housing lending.
Download PDFRoyal Commission Round 3 – Small Business Lending
8 June 2018
Self-regulation of the banking industry through the Banking Code of Practice is adequate to address any residual concerns raised in the context of the Round 3 Hearings about the coverage of obligations imposed on the banks.
Download PDFInformation security management: A new cross-industry prudential standard
7 June 2018
The ABA welcomes APRA’s steps to strengthen the industry’s cyber resilience and also supports measures that will require all regulated entities to lift their cyber security capabilities.
Download PDFLeverage ratio requirement for ADIs
1 May 2018
The Australian Banking Association (ABA) appreciates the opportunity to provide APRA with comments on the Discussion Paper: Leverage ratio requirement for authorised deposit-taking institutions
Download PDFBEAR Regime – Size of an ADI – Draft Legislative Instrument
20 April 2018
The ABA recommends that the draft legislative instrument be amended so that a ‘small ADI’ would be defined as having less than or equal to $30 billion total resident assets rather than the current definition of having less than or equal to $10 billion total resident assets (on a three-year average).
Download PDFCompetition in the Australian Financial System
29 March 2018
Australian banks will continue to support evidence-based regulatory change that encourages competition and innovation while ensuring stability through the economic cycle. ABA members support many of the draft recommendations in the Productivity Commission’s draft report into Competition in the Australian Financial System.
Download PDFABA Response to the Farrell Report into Open Banking
26 March 2018
Australia’s banks are committed to the success of open data which, if delivered properly, can empower customers to use their data from across the economy to make the best choices for their circumstances and preferences.
Download PDFSubmission to the Banking, Super & Fin Services Royal Commission
9 March 2018
In recent years there have been a number of instances where banks have failed to meet the expectations of their customers and of the community.
Download PDFAustralian Banking Association submission on Mandatory Comprehensive Credit Reporting
23 February 2018
The ABA has commented on the exposure draft legislation to mandate a comprehensive credit reporting regime.
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