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RBA and APRA Strengthen Collaboration for Australian Financial Stability
The Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) have jointly released an updated Memorandum of Understanding (MOU). This enhanced agreement aims to bolster their cooperation and coordination in maintaining Australia's financial stability. The MOU clarifies the roles of both organizations, outlining procedures for consultation, communication, and data sharing. Specific coordination plans address macroprudential policy, liquidity support, payment systems, and crisis management. This collaboration underscores the shared responsibility of the RBA and APRA in safeguarding Australia's financial system.
Source: www.rba.gov.au
Published: Friday 01 August 2025 | Fresh Articles: 10 | Sections: 1 | RunID: 2025-08-01T12:46:02+00:00
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