The Australian Prudential Regulation Authority (APRA) is reviewing how often it publishes reports.

Deputy Chairman Ian Laughlin told the recent Actuaries Institute Catastrophe Risk Seminar the Federal Government has challenged agencies to improve their efficiency.

APRA’s response is to consider how to cut the cost to industry of meeting regulatory requirements – without damaging prudential standards.

It has asked industry bodies for feedback, which will be analysed over the next couple of months.

“I am confident there will be a significant range of issues that will come out,” Mr Laughlin said, suggesting there may be changes in the frequency of reports.