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17 Sep 2020 APRA updates

APRA and ACCC sign updated Memorandum of Understanding

The Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission have signed an updated Memorandum of Understanding (MoU) designed to foster closer collaboration between the two regulators.

The new MoU commits both agencies to a broader model of engagement, with a greater emphasis on proactive information sharing and collaboration. To increase transparency, it has also been written in simpler, less prescriptive language. 

Read more here.

Superannuation early release scheme weekly data update 

APRA has published the latest industry-level and fund-level data on the temporary early release of superannuation scheme.

The Early Release Initiative statistics for applications received between 20 April - 6 September 2020 are available on the APRA website at: COVID-19 Early Release Scheme.

Read more here.


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