SYDNEY, Nov. 20 -- Australian Prudential Regulation Authority issued the following media release:
The Australian Prudential Regulation Authority (APRA) has launched a new report on APRA's assessment of risks and vulnerabilities facing the Australian financial system.
The new System Risk Outlook report, which will be published twice a year, increases transparency around what APRA is seeing in the domestic and international risk environments to inform its regulatory priorities.
Key insights from this first publication include:
* Risks to the Australian financial system from overseas are heightened, and the geopolitical environment is expected to remain volatile for some time. While the system is well-placed to absorb potential shocks from...