APRA releases response on enhancements to quarterly insurance publications

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The Australian Prudential Regulation Authority (APRA) has released its response to the consultation on proposed enhancements to the content and presentation of its suite of quarterly insurance statistical publications. The consultation response and submissions are available on the APRA website: Enhancements to insurance statistical publications .

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APRA releases response to consultation on minor amendments to prudential framework for ADIs and insurers

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The Australian Prudential Regulation Authority (APRA) has released a response to consultation on proposed minor amendments to the prudential framework for authorised deposit-taking institutions (ADIs) and general, life and private health insurers. The response letter issued today follows the release of the proposed updates for consultation in April 2024. The intention is to refresh the

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Agencies Issue Final Rule to Help Ensure Credibility and Integrity of Automated Valuation Models

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WASHINGTON, D.C. - Six federal regulatory agencies today issued a final rule, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, designed to help ensure the credibility and integrity of models used in valuations for certain mortgages secured by a consumer’s principal dwelling. In particular, the rule will implement quality control standards for

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ESAs published second batch of policy products under DORA

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The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the second batch of policy products under the Digital Operational Resilience Act (DORA). This batch consists of four final draft regulatory technical standards (RTS), one set of Implementing Technical Standards (ITS) and 2 guidelines , all of which aim at enhancing the

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EBA clarifies the operational application of CRR 3 in the area of credit risk modelling

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The European Banking Authority (EBA) welcomes the entry into force of the new European Banking Package, which implements the final Basel III framework into EU regulation. To ensure a smooth operational implementation of the Banking Package, the EBA encourages institutions and competent authorities to engage in an active dialogue. In particular, institutions should: communicate to

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