Proportionality and significant financial institutions
This page contains APRA’s consultation regarding the use of the term significant financial institution in APRA’s prudential standards.
On 4 April 2022, APRA commenced a consultation on minor amendments to align and centralise the definition of a significant financial institution (SFI) within the prudential framework.
Written submissions on this consultation are due by 2 May 2022.
The letter to industry and draft prudential standards can be found below:
Draft prudential standards
Note on submissions
It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.