CTHRepealedLegislation
Insurance (prudential standard) determination No. 4 of 2014 - Prudential Standard GPS 113 - Capital Adequacy: Internal Model-based Method
Model useModel use
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Model use
- APRA will not provide approval for use of the IMB Method unless it is satisfied that the ECM plays an integral role in the regulated institution’s management and decision-making processes, and that this use is embedded in the regulated institution’s operations. APRA’s consideration of model use will include, but will not be limited to, some of the indicators set out in Attachment A.