APRA issues letter for ADIs on loans impacted by COVID-19

The Australian Prudential Regulation Authority (APRA) has issued a consultation letter to authorised deposit-taking institutions (ADIs) regarding capital measures and reporting requirements for loans impacted by COVID-19. The consultation formalises the capital treatment outlined in the letter sent by APRA to ADIs on 9 July 2020.

The letter and draft reporting standard are available on the APRA website at: Treatment of loans impacted by COVID-19.

APRA has also updated its banking COVID-19 frequently asked questions relating to the treatment of loans impacted by COVID-19.
 

View the consultation letter >