APRA conducts a prudential supervisory framework that assesses FI risk and likelihood of FI failure and determines an appropriate supervisory response.Outline the two systems implemented by APRA-PAIRS and SOARS-and the purpose of the assessment system.

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The Answer of APRA conducts a prudential supervisory framework that assesses FI risk and likelihood of FI failure and determines an appropriate supervisory response.Outline the two systems implemented by APRA-PAIRS and SOARS-and the purpose of the assessment system.

APRA Conducts a Prudential Supervisory Framework That Assesses FI Risk