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Exciting times for the Financial System

  • Written by: The Conversation

Like Malcolm Turnbull, the head of the Australian Prudential Regulation Authority (APRA), Wayne byres, is a glass half full type of guy. In a speech to the Institute of Actuaries this week, Mr Byres was fairly bubbling over with enthusiasm (for a regulator that is)

In short, the [banking] sector is well-capitalised, and risk-based capital ratios...

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