Aussie regulators update MOU to strengthen financial stability cooperation

The updated MOU sets out their respective roles for contributing to financial stability.

The Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) have updated their memorandum of understanding (MOU) to strengthen cooperation for the financial stability of Australia, according to a 29 July 2025 announcement.

The updated MOU sets out RBA and APRA’s respective roles and responsibilities for contributing to financial stability, as well as arrangements for consultation, liaison and information sharing between the two agencies.

The MOU also sets out specific arrangements for coordination between the RBA and APRA in relation to macroprudential policy, liquidity support, payments policy and crisis management.