Statements (59)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:aims_to |
protect depositors
promote financial stability enhance the safety of the financial system ensure insurance policyholders are protected |
| gptkbp:amended_by |
Financial Sector Legislation Amendment Act 2010
|
| gptkbp:applies_to |
banks
insurance companies superannuation funds |
| gptkbp:effective_date |
1 July 1998
|
| gptkbp:enables |
regulatory sandbox for innovation
intervention in failing institutions |
| gptkbp:enacted_by |
gptkb:Australian_Parliament
|
| gptkbp:enforces |
compliance audits
penalties for non-compliance |
| gptkbp:establishes |
gptkb:Australian_Prudential_Regulation_Authority
framework for crisis management framework for financial reporting standards financial stability standards |
| gptkbp:facilitates |
financial market integrity
financial technology adoption data sharing among regulators international cooperation in regulation |
| gptkbp:governed_by |
Minister for Financial Services
|
| https://www.w3.org/2000/01/rdf-schema#label |
APRA Act 1998
|
| gptkbp:influenced_by |
gptkb:Basel_Accords
|
| gptkbp:mandates |
liquidity requirements
whistleblower protections stress testing for financial institutions |
| gptkbp:promotes |
transparency in financial reporting
sustainable finance initiatives competition in the financial sector |
| gptkbp:provides |
prudential standards
data collection and analysis supervision of financial institutions consumer education initiatives resolution planning licensing of financial institutions consumer complaint mechanisms |
| gptkbp:regulates |
gptkb:financial_institutions
|
| gptkbp:related_to |
gptkb:Corporations_Act_2001
Financial Services Reform Act 2001 |
| gptkbp:requires |
risk management frameworks
internal controls external audits reporting obligations capital adequacy standards disclosure of financial information training for financial institution staff governance standards risk assessment processes ethical conduct standards |
| gptkbp:supports |
financial consumer protection
financial literacy programs systemic risk monitoring research on financial stability. diversity in financial services leadership |
| gptkbp:bfsParent |
gptkb:Australian_Prudential_Regulation_Authority_(APRA)
|
| gptkbp:bfsLayer |
6
|