APRA Prudential Standard 221 Large Exposures – An Overview and Summary of Requirements

• By: Staff Editor
• Date: June 14, 2013

APRA Prudential Standard 221 Large Exposures requires authorized deposit-taking institutions to implement prudent measures and to set prudent limits to monitor and control their large exposures, on both a Level 1 and Level 2 basis. This Prudential Standard applies to all authorized deposit-taking institutions (ADIs) except:

1. Purchased payment facility providers (PPF providers)
2. Foreign ADIs in Australia that are subject to consolidated supervision by their home country supervisors