SYDNEY, May 13 -- Australian Prudential Regulation Authority issued the following media release:
The Australian Prudential Regulation Authority (APRA) has released for consultation a new draft licensing framework for locally-incorporated Authorised Deposit-taking Institutions (ADIs).
The consultation package follows APRA's 2025 discussion paper on improving the licensing framework for ADIs. When finalised later this year, the changes will implement Action 6 of the Council of Financial Regulators' Review into Small and Medium-sized Banks - that APRA update its ADI licensing framework to make the application process more transparent and efficient.
Written submissions should be sent to Licensing@apra.gov.au by 31 July 2026.
The consultatio...