APRA’s economic and financial statistics reform: extracting value from tech and new data demands
Where there’s a reform, there’s an opportunity.
Where there’s a reform, there’s an opportunity.
On 16 January 2017, the Australian Prudential Regulatory Authority (APRA) released for public consultation its Economic and Financial Statistics (EFS) Form Review. Notably, this consultation package represents a major overhaul of many of the financial and statistical returns currently prepared by the Australian authorised deposit-taking institutions (ADIs) as well as introducing a new set of returns to be submitted. We examine what’s at stake.