APRA issues guidance around insurance stand-by letters of credit
New FAQ explains the measurement of credit risk weighted assets
APRA
New FAQ explains the measurement of credit risk weighted assets
Regulator also releases other notable figures
The move is a response to insurance sustainability issues
A further test case also in the works
Announcement said to be slated this week
It summarises the industry's financial performance and key ratios
They focus on industry and institutional levels
Possibility of enforcement action over cyber threat
Consultation runs until end of March 2021
Potential U-turn follows fallout from a government-backed inquiry