But APRA’s announcement earlier this week on unquestionably strong capital ratios means that the larger banks, in particular, will need to build their capital a little further over coming years. As D-SIBS, the major banks are also subject to more intense supervision by APRA.
6/9  BIS central bankers' speeches  7/9  BIS central bankers' speeches  The higher capital levels and greater intensity of supervision provide confidence that, notwithstanding the systemic importance of the major banks, the Australian financial system is more resilient to shocks than it was in the past.