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ESG: Regulations Summary

The Australian Government and Treasury have revised the capital reporting standards for ADIs
Monday, 10 April 2023

Australia's Government and Treasury amended Capital Reporting Standards ARS 110.0, ARS 112.0, ARS 113.0, ARS 118.1, ARS 120.1, ARS 120.2, ARS 180, ARS 221.0, ARS 223, and ARS 210.0 on April 3rd and 4th, 2023. The enhanced reporting standards, which go into effect on March 31st, 2023, include modifications to APRA's capital adequacy and credit risk capital requirements, as well as minor consequential updates necessitated by these new requirements.

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