Review Of Council Of Financial Regulators Vulnerability References

It Aims To Facilitate Cooperation And Collaboration Between Member Agencies, With The Ultimate Objectives Of Promoting Stability Of The Australian Financial System And Supporting Effective And Efficient Regulation By Australia's Financial Regulatory Agencies.


Objectives cofr’s main objectives are to: Financial reporting council (frc) united states: Reserve bank of australia (02) 9551 9721 www.rba.gov.au australian prudential regulation authority (02) 9210 3000 www.apra.gov.au australian securities and investments commission (02) 9911 2600

Consumer Vulnerability Framework Members Of The Council Of Financial Regulators (Cofr)1 Have Agreed On A Common Understanding Of The Characteristics Of A Vulnerable Consumer.


Breach reporting and materiality (rbnz): Federal reserve system (fed) federal deposit insurance corporation (fdic) office of the comptroller of the currency (occ) national credit union administration (ncua) Minutes of the financial stability oversight council.

Corie Is Designed To Complement, Rather Than Replace, Traditional Security Testing Programs Such As Vulnerability Assessments And Penetration Testing.


The most recent contribution to this body of work, the financial conduct authority’s ‘fair treatment for firms on the treatment of vulnerable customers’ identifies four drivers of vulnerability: Cofr meets quarterly to discuss financial markets regulatory issues, risks, and. The approach of regulators to consumers in vulnerable situations, that was not its main objective.

The Council Of Financial Regulators At Its June Meeting Also Discussed The Financial Risks Arising From Climate Change.


The council of financial regulators (cfr) comprises apra, asic, the rba and treasury. Health, financial capacity, financial resilience and life events, and estimated that 46% of uk adults show one or more of these characteristics. The council’s objectives are to promote stability of the australian financial system and support effective and efficient regulation by australia’s financial regulatory agencies.

Apra, On Behalf Of The Cfr Agencies, Is Currently Conducting A Climate Vulnerability Exercise For Australia's Five Largest Banks.


The first section briefly discusses the various modes of financial regulation and includes a table identifying the major federal regulators and the types of institutions they supervise. The cva is the working group's priority for 2021. Council of financial regulators sydney 28 april 1999 copies of the report can be found on each member's internet sites or by phoning: