Post by Australian Prudential Regulation Authority

🔍Recovery and resolution planning helps ensure Australia’s financial system remains stable and resilient, even when a bank, insurer or superannuation trustee experiences stress. APRA’s approach focuses on: 🔹Recovery and exit planning – requiring entities to plan how they would restore resilience in a crisis or exit the industry in an orderly way if recovery isn’t possible.  🔹Resolution planning – undertaken by APRA for larger and more complex entities to minimise disruption and protect customers if an entity fails.  🔹Protecting customers and stability – helping to safeguard depositors, policyholders and superannuation members, while reducing broader financial system impacts. 📚 Learn more in our latest APRA Explains article: https://lnkd.in/gPZ2Bj8Q #APRAExplains #FinancialStability #PrudentialRegulation #Banking #Insurance #Superannuation #RiskManagement