Which of the following is part of the supervisory activities of APRA?
A) Prudential review is the most important as it provides a detailed assessment of a FIs inherent risks and the adequacy of its risk management controls.
B) Licensing is the last stage of APRA's supervision which ensures that only FIs that have the capacity to successfully operate can operate the market.
C) Enforcement supervision is not part of APRA supervisory activity as it would involve enforcement teams to specifically intervene in the running of the FI.
D) Entity financial analysis is the FIs own assessment of its financial position.
Correct Answer:
Verified
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