Capital & Credit Risk Reform

Service Description

APRA made a significant revision to the capital framework, which took effect on January 1, 2023.APRA’s key objectives of the Basel reforms are to align the Australian framework to the finalised BCBS standards, and to improve flexibility, risk sensitivity, transparency and (international) comparability along with enhancing competition in the Australian Banking industry. Executives program (1 hour workshop) In this one-hour focus session we will deliver a high-level overview of the changes from Basel III Reform with a focus on Credit Risk, covering: ▶ Basel III Reform introduction ▶ Overview of APS 112 and APS 113 key changes ▶ One Project APS 112 and APS 220 synergies ▶ Implementation Challenges ▶ What it means for your Business