Financial institutions management in Australia
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...financial regulators in Australia are Australian Prudential Regulation ity APRA 2) Australian Securities and Investments Commission (ASIC ). The Australian Prudential Regulation Authority ( APRA ) regulates and supervises the banks, general insurance companies, credit unions, building societies , friendly societies, the life insurance companies, reinsurance companies and most members of the superannuation industry. Australian Prudential Regulation Authority currently supervises institutions holding approximately $ 3.6 trillion in assets for approximately more than 20 million Australian depositors, policyholders and superannuation members (www.apra.gov.au). .The three main areas... of the...