Prudential Standard definition
Examples of Prudential Standard in a sentence
Further, in October 2019, APRA released a discussion paper on draft revisions to APRA Prudential Standard APS 111 "Capital Adequacy: Measurement of Capital" ("APS111"), which proposes to change the Level 1 capital treatment for Australian ADIs, such as ANZBGL, investing in ADIs (or overseas equivalents such as ANZ New Zealand) and insurance subsidiaries.
In August 2019, APRA released an update to APRA Prudential Standard APS 222 "Associations with Related Entities" ("APS222").
A ‘Conflict of Interest’ includes (without limitation) a conflict of interest that would contravene any applicable code of professional conduct, the Corporations Act 2001 or Prudential Standard SPS 510 if applicable.
For the first half of the 2021 calendar year, APRA has a scheduled prudential review of the Issuer’s technology risks in addition to a tripartite review of the Issuer’s compliance to Information Security Prudential Standard CPS234 which is being conducted across other selected APRA regulated entities.
This clause 6.9 applies if the Financial Institution is required to comply with APRA Prudential Standard CPS 234 (the Standard).