January 20, 2025 (NO COMMENTS)

Banks’ implementation plans for the new market risk capital framework are starting to lose momentum in Australia, say consultants, as the timetable for the Australian Prudential Regulation Authority (Apra) to consult on the new rules has become uncertain. However, some hope the regulator will seek to devise the rules in a way that spurs greater adoption of internal models.

Tim Clarsen, head of Asia-Pacific risk management solutions at technology vendor Murex, says bank plans to implement the