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APRA announces SME scheme reporting standards

The banking regulator has announced new reporting requirements for lenders participating in the government’s SME finance scheme.

APRA
ASIC defers several mortgage projects amid COVID-19

The financial services regulator has revealed which projects it will be deferring to focus on the impact of COVID-19, including several mortgage data projects.

ASIC defers several mortgage projects amid COVID-19
APRA extends BEAR compliance deadline

The regulator has announced a range of changes to the reporting obligations of ADIs and RFCs, including the extension of BEAR compliance deadlines from 14 to 30 days.

APRA
APRA unveils regulatory approach to RBA funding facility

The regulatory approach to the RBA’s recently announced term funding facility, which aims to incentivise lenders to continue to supply business finance, has been revealed by APRA.

APRA unveils regulatory approach to RBA funding facility
‘We had big plans’: Firstmac laments Treasury decision

Firstmac managing director Kim Cannon is “disappointed” that Treasury rejected the non-bank’s proposed acquisition of Maleny Credit Union, which he said would have brought “real competition” ...

Kim Cannon
Repayment holidays need not be treated as arrears: APRA

The prudential and financial services regulators have announced new regulatory approaches given the ongoing COVID-19 pandemic, including attitudes to repayment holidays.

Repayment holidays need not be treated as arrears: APRA
Treasurer shy on surplus in light of coronavirus

The government has remained quiet on its surplus intentions, as Australia’s economy feels the pain caused by the worldwide outbreak of coronavirus.

Josh Frydenberg
Consultation opens for CCR regulations

The government has released the exposure draft for regulatory amendments that will support and give effect to the full rollout of mandatory consumer credit reporting.

mortgagebusiness
APRA confirms expansion of mortgage reporting regime

The prudential regulator has announced that it will commence publishing more “in-depth” home lending statistics collected from regulated entities. 

APRA confirms expansion of mortgage reporting regime
Regulators tighten accountability framework

ASIC and APRA have provided an update on their actions to strengthen their internal accountability regime as part of their strategic responses to the banking royal commission’s ...

ASIC and APRA
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