Examples of Prudential Standards in a sentence
Any modification of the Conditions of the Subordinated Debt Instruments which impacts upon the eligibility of the Subordinated Debt Instruments of a Series for inclusion as regulatory capital under the Prudential Standards made by APRA and applicable to the Issuer is subject to the prior written consent of APRA.
In this capacity NAB appoints and removes Directors of NULIS in accordance with the APRA Prudential Standards and any other relevant regulatory requirements or industry standard including the FSC Superannuation Governance Policy.
Any modification of the Conditions of the Subordinated Debt Instruments which impacts upon the eligibility of the Subordinated Debt Instruments of a Series for inclusion as regulatory capital under the Prudential Standards made by APRA and applicable to the Issuer is subject to the prior consent of APRA.
Such an approach is also consistent with the theme of proposed robust governance standards as set out in APRA’s discussion paper Prudential Standards for Superannuation, which was released by APRA on 28 September 2011.