APRA's APS210 delay anticipated by market – and broadly welcomed

Sources in the bank funding and liquidity management sectors say the extension to the Australian Prudential Regulation Authority (APRA)'s process of revising its capital and liquidity requirements – which was revealed in a letter from the regulator to authorised deposit-taking institutions (ADIs) on December 18 – came as no surprise. And the response to the extension is generally positive, with most arguing it is worth taking the necessary time to produce the best possible outcome.