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      "text": "Based on the current information available, it is Macquarie's expectation that it will have sufficient capital to accommodate likely additional regulatory Tier 1 capital requirements as a result of the above changes.",
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      "text": "APRA is currently undertaking regulatory reviews in a number of areas, including: Basel III capital levels, countercyclical capital buffer, Operational Risk (APS 115), APS 111, Interest Rate Risk in the Banking Book, and Loss-absorbing capacity (LAC).",
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      "text": "Additional updates on CPS 511 (remuneration) and the extension of BEAR to FAR (Financial Accountability Regime).",
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      "text": "As previously noted, APRA is in discussions with Macquarie on resolution planning and intragroup funding. Based on current information, Macquarie expects sufficient capital to accommodate likely additional regulatory Tier 1 capital requirements.",
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      "text": "1. Revisions to the capital framework for ADIs; 14 Feb 18; 'APRA responds to first phase of consultation on revisions to ADI capital framework'; 17 Jun 19. 2. 'APRA flags setting countercyclical capital buffer at non-zero default level'; 11 Dec 2019...",
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