APRA: Australian Prudential Regulation Authority
The prudential regulator of the Australian financial services industry, overseeing banks, insurers, and superannuation funds.
The Australian Prudential Regulation Authority (APRA) is the Commonwealth statutory authority responsible for the prudential supervision of authorised deposit-taking institutions, general and life insurers, and superannuation funds. APRA issues Prudential Standards (the CPS and SPS series) that set the operational floor for risk management, capital adequacy, and governance.
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