APRA proposes accelerated Basel III capital standards implementation
- Tuesday, 06 September 2011
Based on its view that Australian authorised deposit-taking institutions (ADIs) are "well placed to meet the new global minimum capital requirements" set out by Basel III guidelines, the Australian Prudential Regulation Authority (APRA) is seeking an accelerated implementation timetable for the local regime. The proposals were set out in a consultation paper published by APRA on September 6.
