APRA
Australian Prudential Regulation Authority
APRA is Australia's prudential regulator for banks, insurers, and superannuation funds. It focuses on the stability and safety of regulated institutions.
APRA sets capital and risk requirements aligned with Basel III and conducts supervisory reviews. It collaborates with ASIC and the Reserve Bank of Australia on financial stability. Official site: APRA.
Related Terms
ASIC
Australian Securities and Investments Commission
ASIC is Australia's regulator for financial markets, financial services firms, and corporate conduct...
AUD
Australian Dollar
AUD is the official currency of Australia and its territories. It's the fifth most traded currency i...
Basel III
Basel III is an international regulatory framework for banks that strengthens capital, liquidity, an...
APAC
Asia-Pacific
APAC is a regional designation referring to the Asia-Pacific region, commonly used in business and b...
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