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Council of Financial Regulators

International Assessments

International Monetary Fund

The International Monetary Fund's (IMF) Financial Sector Assessment Program (FSAP) evaluates the strength of a country's financial system and regulatory architecture. As a country deemed by the IMF to have a systemically important financial system, Australia has committed to undergo an FSAP every five years. Australia's second FSAP assessment was undertaken in 2012, with the first FSAP taking place in 2006.

November 2012

The findings of the 2012 FSAP for Australia are outlined in the Financial System Stability Assessment, which is supported by a number of technical notes and reports on the observance of standards and codes for banking, insurance and securities regulation.

Financial System Stability Assessment

October 2006

The findings of the 2006 FSAP for Australia are outlined in the Financial System Stability Assessment, which is supported by a detailed assessment of observance of standards and codes.

Financial System Stability Assessment

In 2006, APRA prepared two background papers for the FSAP on banking and insurance.

Financial Stability Board

August 2016

The Financial Stability Board (FSB) routinely monitors its members' implementation of the G20 FSB recommendations on international financial reforms.

Australia's Progress in the Implementation of G20/FSB Recommendations

September 2011

The FSB member jurisdictions have committed to undergo periodic peer reviews focused on the implementation of financial sector standards and policies agreed within the FSB, as well as their effectiveness in achieving the desired outcomes. As part of this commitment, Australia volunteered to undertake a country peer review in 2011.

Peer Review of Australia

Members of the Council of Financial Regulators

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Australian Prudential Regulation Authority  logo

Australian Securities and Investments Commission  logo

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