Australian Prudential Regulation Authority
E13930
The Australian Prudential Regulation Authority is Australia’s independent financial regulator responsible for overseeing banks, credit unions, building societies, insurers, and most members of the superannuation industry to ensure their safety and stability.
Aliases (2)
Statements (34)
| Predicate | Object |
|---|---|
| instanceOf |
financial regulatory authority
→
government agency → prudential regulator → |
| abbreviation |
APRA
→
|
| cooperatesWith |
Australian Securities and Investments Commission
→
Australian Treasury → Reserve Bank of Australia → |
| country |
Australia
→
|
| foundedBy |
Australian Government
→
|
| headquartersCountry |
Australia
→
|
| headquartersLocation |
Sydney
→
|
| jurisdiction |
Australia
→
|
| legalForm |
statutory authority
→
|
| objective |
ensure safety of financial institutions
→
promote stability of the Australian financial system → |
| oversees |
authorised deposit-taking institutions
→
|
| parentAgency |
Australian Government
→
|
| regulates |
banks
→
building societies → credit unions → general insurers → insurance companies → life insurers → most of the superannuation industry → private health insurers → superannuation funds → |
| responsibility |
promoting financial system stability
→
protecting the interests of depositors → protecting the interests of policyholders → protecting the interests of superannuation fund members → prudential supervision of financial institutions → |
| sector |
financial regulation
→
|
| supervisoryApproach |
risk-based supervision
→
|
| website |
https://www.apra.gov.au/
→
|
Referenced by (10)
| Subject (surface form when different) | Predicate |
|---|---|
|
Australian dollar
→
Commonwealth Bank of Australia → Corporations Act 2001 → National Australia Bank → |
regulator |
|
Australian Prudential Regulation Authority
("APRA")
→
|
abbreviation |
|
Corporations Act 2001
→
|
establishesPowersOf |
|
Treasury (Australia)
→
|
oversees |
|
Australian Securities and Investments Commission
("Insurance and Superannuation Commission")
→
|
predecessor |
|
ASIC
→
|
worksAlongside |
|
Payments System Board
→
|
worksWith |