Australian Prudential Regulation Authority

The Australian Prudential Regulation Authority (APRA) is a statutory authority of the Australian Government and the prudential regulator of the Australian financial services industry. APRA was established on 1 July 1998 in response to the recommendations of the Wallis Inquiry. APRA's authority and scope is determined pursuant to the Australian Prudential Regulation Authority Act, 1998 (Cth).

Australian Prudential Regulation Authority
Statutory authority overview
Formed1 July 1998 (1998-07-01)
Preceding agencies
  • Insurance and Superannuation Commission
  • Reserve Bank of Australia
  • Australian Financial Institutions Commission
DissolvedAustralian Prudential Regulation Commission
JurisdictionCommonwealth of Australia
Headquarters1 Martin Place, Sydney, New South Wales
Employees844 (2021–2022)
Minister responsible
Statutory authority executives
  • John Lonsdale,
    Chair
  • Helen Rowell,
    Deputy chair
  • Margaret Cole,
    Deputy chair
  • Suzanne Smith,
    Member
  • Therese McCarthy Hockey,
    Member
Key document
Websitewww.apra.gov.au
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.