In response to APRA's revised IRRBB requirements, Regulation Asia and Wolters Kluwer hosted a private roundtable of industry leaders in Sydney this September. The event convened senior risk practitioners from banks, credit unions, and mutual banks to explore implementation strategies and address key industry challenges.
Impact of APRA banking regulations on Australian banks
APRA’s response to the 2023 banking sector turmoil in the US has focused on IRRBB, liquidity risk, and AT1 capital instruments, introducing regulatory changes that pose challenges for both large and small authorized deposit-taking institutions (ADIs). This article, written by Regulation Asia, summarizes the key outcomes of the roundtable and highlights insights and perspectives from industry experts and participating banks.
Key changes in APS 117 for IRRBB
Dive into the major updates to APS 117 and what they mean for managing Interest Rate Risk in the Banking Book, from capital requirements to model validation timelines.
Tight deadlines and compliance challenges for Australian banks
Learn about the short implementation timelines for APS 117 and strategies banks are adopting to meet the March 2025 and October 2025 deadlines.
Strategic compliance for international banks in Australia
International banks in Australia face unique compliance challenges with APRA’s specific standards.
Aligning global practices with APRA banking regulations
Explore how international banks are adapting their global risk frameworks to align with APRA’s localized and prescriptive requirements.
Differences between APRA standards and global IRRBB frameworks
Understand the key divergences between APRA’s APS 117 and international approaches, such as those in Europe, and how they impact multinational institutions.
Financial data governance under APRA standards
Challenges in financial data governance for Australian banks
Discover the complexities of achieving consistent data governance across risk management, reporting, and regulatory compliance functions.
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