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APRA Issues Annual Update On Countercyclical Capital Buffer Setting

AUSTRALIA

"The Australian Prudential Regulation Authority has confirmed that the countercyclical capital buffer (CCyB) will be set at a new default rate of 1 per cent of risk-weighted assets (RWA) from 1 January 2023."

  • "The decision is consistent with guidance first announced when APRA finalised the new regulatory capital framework for Australian banks in late 2021."
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MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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