One year on from Hayne, APRA declares it’s taking a nap

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One year on from the Hayne RC and it’s job done. Via Banking Day:

Crisis management and “resolution and recovery” have worked their way to the top of APRA’s list of priorities over the year ahead.

An old favourite – the industry’s lending standards – will be a lesser priority for the banking regulator in 2020.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.