Login

Australia aligns Regulation

Posted on October 16, 2020 by Editor

The Australian Prudential Regulation Authority (APRA), which oversees Australia’s financial sector, is planning to align its prudential standards for insurance companies with international insurance standards.

APRA has announced that, where appropriate, it will align its standards with those of the International Association of Insurance Supervisors’ (IAIS) Common Framework for the Supervision of Internationally Active Insurance Group (ComFrame).

International alignment on regulation and standards will enable more efficient and effective coordination on international supervision.

Read more here.

Other Posts


Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.

By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy