APRA's proposed changes to the reporting requirements will enable the prudential regulator to better monitor ADI liquidity, which include monitoring compliance with the new Basel III global liquidity standards.
The proposed changes will include detailed reports that will help APRA monitor compliance with the new Liquidity Coverage Ratio and the Net Stable Funding Ratio. These liquidity standards will be applied only to larger and more complex Australian ADIs.
In addition, minor amendments would be made to the reports that APRA currently received from unions and building societies, as well as standardised balance sheet maturity information that will allow APRA to better understand the funding and liquidity situation of the industry.
"This is a significant expansion to APRA's data collection on ADI liquidity, consistent with the importance APRA places on the sound management of ADI liquidity risk," APRA chairman John Laker said.
Consultation on the proposed new reporting requirements will close on 8 February 2013.
The final liquidity reporting standards are expected to be determined and released in the second half of 2013, APRA said.
The requirements in the final standards will to take effect for the reporting period ending 31 December 2013, meaning that ADIs will complete their first submission on the new reporting forms in January 2014, the prudential regulator said.
