APRA has issued information on 2 areas affecting the financial services industry:

1. Basle II Capital Framework: an article in the latest APRA Insight discusses the implementation of the new capital standards.

2. IFRS: APRA has released a paper dealing with the prudential implications of a number of specific
IFRS-related changes to Australian accounting standards. It is intended that the proposals will take effect from 1 January 2006.