Regulatory Alerts2026-06-29
Added · Updated
APG 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk
APRA's Prudential Practice Guide APG 113 offers guidance to Authorised Deposit-taking Institutions (ADIs) on complying with Prudential Standard APS 113, which details the Internal Ratings-based (IRB) Approach to Credit Risk. The guide outlines prudent practices for managing and measuring credit risk, encompassing governance, oversight of rating systems, and the classification of asset classes under the IRB framework. It further addresses quantitative and qualitative requirements for ADIs currently using or seeking approval for an IRB approach, including the application process and phased roll-out.
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