Following the Assistant Treasurer and Minister for Financial Services and Superannuation’s announcement that APRA is to be given prudential standards-making power for prudentially regulated superannuation entities, APRA has released for consultation a discussion paper outlining APRA’s proposals for prudential standards in superannuation.
This In Brief summarises the intended operation of APRA’s standards-making power and some of the more important issues that APRA proposes become the subject of a prudential standard.
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