WBC westpac banking corporation

News: WBC Australian Prudential Regulation Authority Proposes Major Uplift In Transparency Around...

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    Dec 5 (Reuters) - Australian Prudential Regulation Authority

    : 
    	* AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY PROPOSES MAJOR 
    

    UPLIFT IN TRANSPARENCY AROUND BANKING DATA

    • PROPOSED TO INCREASE VOLUME & BREADTH OF DATA IT MAKES PUBLICLY AVAILABLE ON AUTHORISED DEPOSIT-TAKING INSTITUTIONS
    • OUTLINED PLANS TO DETERMINE THAT DATA COLLECTED FOR QTRLY ADI PUBLICATIONS MUST BE CONSIDERED NON-CONFIDENTIAL, ALLOWING IT TO BE PUBLISHED
    • FROM 2020, APRA PROPOSES PUBLISHING ENTITY-LEVEL ADI DATA RELATED TO CURRENTLY PUBLISHED INDUSTRY-LEVEL QUARTERLY DATA
    • FROM 2020, PROPOSES PUBLISHING COMMENTARY RECEIVED BY APRA FROM INDIVIDUAL ADIS EXPLAINING MATERIAL REVISIONS TO/LARGE MOVEMENTS IN, THEIR DATA

    Source text: [https://bit.ly/2LpBkzA]

    (([email protected];))

 
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