Australian banks well placed to meet new Apra liquidity reporting standard

Tougher liquidity reporting standards imposed by the Australian regulator won't be a problem for the country's four main banks

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 the