Reconciliation Action Plan Nov 2020 - Nov 2022
APRA’s second Reconciliation Action Plan (RAP) – an Innovate RAP - has been approved by both APRA’s Executive Committee and Reconciliation Australia. The key themes of APRA’s Innovate RAP are:
- Establishing strong relationships with Aboriginal and Torres Strait Islanders
- Respecting Aboriginal and Torres Strait Islander peoples, cultures and histories
- Creating opportunities for Aboriginal and Torres Strait Islander people within APRA
- Strong governance with a greater emphasis on program management.
These themes will be delivered over the 2020 – 2022 period through a range of actions, including:
- Establishing and rolling out a cultural awareness program
- Establishing and building external connections with First Nations groups focusing on the financial sector
- Partnering with Indigenous Cadet programs
- Maintaining participation in Indigenous recruitment channels
- Delivering events for NAIDOC and National Reconciliation Week, and
- Reviewing and refreshing APRA’s anti-discrimination policies.
Copies of the RAP are available below:
An accessible version of the RAP can be viewed here.
More information about APRA's Inclusion & Diversity strategy is available here.
The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.