Mutuals Newsletter: July 2018
Mutuals Newsletter: July 2018
Financial services and the banking sector are undergoing a profound level of focus with strategic, regulatory and operational issues at the core. In this edition, we provide insight into the challenges and opportunities facing Australia's mutual banks, building societies and credit unions.
In this issue we focus on three hot topics:
APRA EFS reporting standards
APRA's Prudential Inquiry report
Open banking
In May 2018 the Australian Government made the decision to implement Open Banking with the regime to be deployed in Australia in just 12 months. We discuss what this means for the Australian banking industry and how banks can prepare.
Australian Mutuals – Key developments and updates
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