Basel III - Ready, Set, Go!: Finalised APRA Capital Reporting Standards

Basel III - Ready, Set, Go!: Finalised APRA Capital Reporting Standards

On the 7th of April APRA released the Revisions to the ADI capital framework letter: Interim reporting standards for consultation and parallel run expectations.

ADI entities will require some time to implement the changes whilst taking advantages of these new capital opportunities.

On 29 November 2021, APRA released the final capital adequacy and credit risk capital requirements for ADIs, contained in Prudential Standard APS 110 Capital Adequacy (APS 110), Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk (APS 112) and Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk (APS 113). Now APRA has released for consultation, interim reporting standards that will accompany APS 110, APS 112, and APS 113. The RegCentric team will discuss industry progress and delivery best practices, drawing on experience in the Finance Industry.

In this session we will cover:

• The Reporting Standards and Reporting approach
• Parallel run expectations
• APRA’s 5-year roadmap
• Data quality management
• Common data quality issues

Join this session if you are involved in:

• Key decision-making on the Basel program (CFO, Reporting, Capital management, Business operations, Data governance, IT)
• Program/Project management
• Data and process governance, risk and controls
• Regulatory capital management
• APRA regulatory reporting