Cryptocurrency Q&A What is SFI significant financial?

What is SFI significant financial?

Bianca Bianca Sat Nov 02 2024 | 7 answers 1272
I'm trying to understand what SFI, or Significant Financial, actually means. I want to know its definition, relevance, and possibly some examples to help me grasp the concept better. What is SFI significant financial?

7 answers

TimeRippleOcean TimeRippleOcean Mon Nov 04 2024
Group membership is another aspect that APRA considers when determining SFIs.

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Raffaele Raffaele Mon Nov 04 2024
The criteria for inclusion in this list is based on the total assets of life companies.

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Enrico Enrico Mon Nov 04 2024
As per the source date, life companies with assets exceeding AUD $10 billion are considered SFIs.

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Martina Martina Mon Nov 04 2024
The determination of SFIs is not solely based on asset size.

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Tommaso Tommaso Mon Nov 04 2024
APRA also takes into account other factors such as the complexity of operations.

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