Australian banks well placed to meet new Apra liquidity reporting standard

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Large Australian banks are well placed to meet the Australian Prudential Regulation Authority's (Apra) new liquidity reporting requirements, but work still needs to be done by smaller regional and foreign-owned banks, say consultants. Apra announced on November 9 proposals for new liquidity reporting standards for larger authorised deposit-taking institutions (ADIs). Under the new proposed reporting requirements, banks will be required to submit to Apra seven new liquidity reports, including