Banking and Financial Services Insights

31 August 2007

Welcome to the August edition of Clayton Utz Banking & Financial Services Insights, in which we’ll examine:

  • how to recover money paid by mistake; and
  • what APRA is planning to introduce as new prudential standards.

Recovering money paid by mistake

By Karen O'Flynn.

To recover money paid by mistake, says Karen O'Flynn, it is important to let the recipient know about the mistake as soon as possible.

Implementation of Basel II: APRA releases a raft of draft prudential standards

By Brian Salter and Jamie Taylor.

Brian Salter and Jamie Taylor review APRA's draft prudential standards on capital adequacy, securitisation, the standardised approach to credit and operational risk, and market risk.
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