Australia revises Basel II standardised approaches

APRA out with final draft of standardised approaches to redit and op risk

The Australian Prudential Regulation Authority has published the final draft of its standardised approaches to credit and operational risk.

The draft includes several amendments made as a result of industry comments. The regulator will consider comments on the final draft submitted by September 3.

John Laker, chairman of APRA, said: “Compared with current arrangements, these approaches better align the regulatory capital requirements for credit and operational risk with the risk profile of an authorised deposit-taking institution (ADI), while minimising complexity for the less-diversified or globally active ADIs that will be adopting the approaches.” Australia, which introduces Basel II at the start of 2008, will finalise the rules later this year.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here