BRIEF-APRA Says Bank Report A Considered And Fair Assessment Of Failings In Financial System

APRA SAYS IS PLEASED WITH MANY OF THE RECOMMENDATIONS MADE BY BANK REPORT

* APRA SAYS BANK REPORT A CONSIDERED AND FAIR ASSESSMENT OF FAILINGS IN FINANCIAL SYSTEM, ROADMAP FOR REFORM * APRA SAYS ALREADY REVIEWING ITS ENFORCEMENT STRATEGY, REPORT WILL BE COMPLETED AT THE END OF MARCH

* AUSTRALIAN BANKING ASSOCIATION SAYS BANKS ACCEPT FULL RESPONSIBILITY FOR FAILINGS REVEALED IN INQUIRY Source text for Eikon: https://www.apra.gov.au/media-centre/media-releases/apra-responds-royal-commission-final-report (Reporting By Wayne Cole)