Banking (prudential standard) determination No. 3 of 2007 - Prudential Standard APS 110 - Capital Adequacy
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Notification requirements
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An ADI and an authorised NOHC (as applicable) must inform APRA, in accordance with section 62A of the Banking Act, of any breach or prospective breach of the minimum capital adequacy requirements contained in this Prudential Standard and APS 111 and remedial actions taken or planned to deal with the breach.
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An ADI and an authorised NOHC (as applicable) must inform APRA as soon as practicable of:
(a) any significant departure from its ICAAP (refer to paragraphs 6 and 9);
(b) any concerns it has about its capital adequacy, whether at Level 1, 2 or 3, along with proposed measures to address these concerns; and
(c) any significant adverse changes in its capital, whether at Level 1, 2 or 3.