APRA sets out fourth quarter policy priorities
The prudential regulator says consultation on reforms to the insurance capital framework to reflect changes in new accounting standard AASB 17 is among its policy priorities in the fourth quarter.
The Australian Prudential Regulation Authority (APRA) also plans to release final guidance on managing the financial risks of climate change, the regulator says in an update.
However several other policy releases originally scheduled for this calendar year have been deferred to next year, including standards for operational resilience, remuneration disclosure requirements, and offshore reinsurance.
Click here for the APRA priority update.