Banking Act 1959
The functions of APRA include:
(a) the collection and analysis of information in respect of prudential matters relating to ADIs and authorised NOHCs;
(b) the encouragement and promotion of the carrying out by ADIs and authorised NOHCs of sound practices in relation to prudential matters; and
(c) the evaluation of the effectiveness and carrying out of those practices.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.