Recommendation 6.3 – Superannuation – Co-Regulation
General principles for ASIC and APRA to co‑regulate superannuation
Recommendation 6.4 – Superannuation – ASIC Role
ASIC as conduct regulator for superannuation
Recommendation 6.5 – Superannuation – APRA Role
APRA to retain current functions for superannuation
Recommendation 6.6 – BEAR – Joint Administration
Joint administration of the BEAR
Recommendation 6.7 – Co-regulation
Statutory amendments to facilitate co‑regulation
Recommendation 6.8 – BEAR – Financial Institutions
Extending the BEAR to all APRA‑regulated financial services institutions.
Recommendation 6.9 – Regulator Co-Operation
Statutory obligation for APRA and ASIC to co-operate and share information
Recommendation 6.11 – ASIC Board Meetings
Improving ASIC’s Board meeting procedures
Recommendation 6.14 – ASIC and APRA – Oversight Authority
A new oversight authority for APRA and ASIC