APRA issued Prudential Standard APS 330 to require authorised deposit-taking institutions that are significant financial institutions to publicly disclose key prudential information regarding capital, liquidity, and risk exposures. The standard mandates that disclosures be clear, comprehensive, and consistent, aligning with Basel Committee on Banking Supervision requirements while incorporating specific Australian adjustments and modifications. It further establishes strict governance obligations, including board-approved disclosure policies, internal controls, and verification processes, to enhance market transparency and discipline.