Banking and Capital Markets

Australia's banking system is highly regarded for its robust regulation and supervision, which has underpinned our strong performance during and since the GFC.

Australia's banking system is highly regarded for its robust regulation and supervision, which has underpinned our strong performance during and since the GFC. But the sector faces challenges on many fronts including complex regulatory reforms, a slowdown in revenue growth, increasing cost of funding, and vulnerability to volatile markets.
At the same time, there are opportunities through greater cost efficiencies, superior customer service, smarter distribution channels, new domestic and offshore markets, and strong IT systems and social media engagement, to name a few.

Our Banking & Capital Markets team works across the sector in Australia and globally. Our clients include iconic Australian banks, non-bank lenders including credit unions and building societies, foreign and regional banks, stockbrokers and leasing companies. We advise across the range of services from assurance and risk strategies to tax and consulting.

PwC's clients have access to the full range of our local and global financial services expertise and resources, an offering that has become increasingly important as the interplay of domestic and global markets presents new challenges.

We focus on adding value to individual clients and the banking industry through insights gained from our deep knowledge of Australian and international markets, our technical competencies, our approach to collaboration and long term relationships, and our willingness to challenge the status quo to explore new appro

Basel IV

The next generation of RWA

Basel IV is the informal name for a suite of regulations which, taken together, represent a major change in the calculation of risk weighted assets. The regulations are due to be phased in starting in 2018, and may take up to 7 years to be fully implemented with a stepped approach to applying capital increases already proposed in Europe.

Australian view of the global PwC Basel IV response

 

Publications

Recent changes to APRA’s Regulation of Non-ADI Lenders

On 5 March 2018, the Treasury Laws Amendment (Banking Measures No.1) Bill 2017, also known as the ‘Non-ADI Lender Rules’, received royal assent and incorporated the proposed changes to the definition of registrable corporations and broadening of APRA’s powers into the Financial Sector (Collection of Data) Act 2001.

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Updates to the Economic and Financial Statistics Collection

On the 8 March 2018, APRA, RBA and the ABS (together, the Agencies) responded to industry feedback for the Economic and Financial Statistics (EFS) collection, applicable to both deposit-taking institutions and registered financial corporations. Key changes, who is impacted, and how to get prepared included in this insight.

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Contact us

Colin Heath
Leader - Banking and Capital Markets, PwC Australia
Tel: +61 3 8603 0137
Email

Sarah Hofman
Partner, Risk & Regulation, PwC Australia
Tel: +61 (2) 8266 2231
Email

Sam Garland
Banking & Capital Markets Partner, PwC Australia
Tel: +61 3 8603 0639
Email

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