Dec 9 (Reuters) - APRA:
- ISSUES LETTER TO BANKS ON POTENTIAL CHANGES TO CREDIT RISK MANAGEMENT
- NOT PLANNING MATERIAL REVISIONS TO CREDIT-RELATED PRUDENTIAL STANDARDS OR GUIDANCE
- PROPOSING AMENDMENTS THAT WOULD REQUIRE BANKS TO ASSESS INDIVIDUAL BORROWER’S REPAYMENT CAPACITY WITHOUT SUBSTANTIAL HARDSHIP
- PROPOSING TO MORE CLOSELY ALIGN IMPLEMENTATION DATE OF NEW STANDARDS ON CREDIT RISK MANAGEMENT WITH GOVERNMENT'S PROPOSED CONSUMER CREDIT REFORMS
Source: https://bit.ly/3m2JVHQ
(([email protected];))
News: WBC Australia's APRA Issues Letter To Banks On Potential Changes To Credit Risk Management
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