The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the Australian financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most of the superannuation industry. APRA is funded largely by the industries that it supervises. It was established on 1 July 1998. APRA currently supervises institutions holding $4.5 trillion in assets for Australian depositors, policyholders and superannuation fund members.
Sections
Further information
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Type of Body
A. Non-corporate Commonwealth entity
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GFS Sector Classification
GGS
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Established By / Under
Act / Regulation
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Established By/Under More info
Australian Prudential Regulation Authority Act 1998
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Annual Report Prepared and tabled?
Yes
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Classification
A. Primary body
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GFS Function / Sector Reported
GGS
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Materiality
Material
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Auditor
ANAO
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Creation Date
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Postal Address
GPO Box 9836, Sydney NSW 2001
Enquiry Lines
| Title | Phone Number | Hours of Operation | Description |
|---|---|---|---|
| Australian Prudential Regulation Authori | 1300 558 849 | APRA is the prudential regulator of financial institutions. |
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