International Law

Disclosure by ADI's of capital and risk information: APS 330

From the current quarter (ending 30 September 2008) ADI's (banks, building societies, credit unions) will be required under APRA APS 330 (pdf) to disclose (depending on whether they are locally or foreign owned) a range of both quantitative (semi-annually) and qualitative (annually) prudential information, in addition to the disclosure of some basic prudential information (on a quarterly and annual basis).

The ADI's must disclose material capital management and credit exposure data on their websites unless the information is proprietary and confidential.

Full post as published by Australian Regulatory Compliance Review on July 01, 2008 (boomark / email).