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Date Time APRA releases information paper on BEAR implementation at three large ADIs The Australian Prudential Regulation Authority (APRA) has released an information paper detailing the findings from its review of the implementation of the Banking Executive Accountability Regime (BEAR) by three of Australia’s largest authorised deposit-taking institutions (ADIs). APRA completed its implementation review of the BEAR at Australia and New Zealand Banking Group Limited (ANZ), Commonwealth Bank of Australia (CBA) and National Australia Bank (NAB) in February 2020. Westpac Banking Corporation was not included due to an ongoing investigation into potential breaches of the Banking Act 1959. APRA’s review found that all three of the large ADIs had designed adequate frameworks to implement the BEAR and that this has helped to deliver:

New zealandAustralian prudential regulation authorityNational australia bankCommonwealth bankWestpac banking corporationZealand banking group limitedBanking executive accountability regimeNew zealand banking group limitedBanking corporationBanking actBanking executive accountabilityபுதியது ஜீலாந்துஆஸ்திரேலிய விவேகமான ஒழுங்குமுறை அதிகாரம்தேசிய ஆஸ்திரேலியா வங்கிகாமன்வெல்த் வங்கிவெஸ்ட்பேக் வங்கி நிறுவனம்