Post-implementation review of the prudential requirement changes
The Authority has begun a post-implementation review of the prudential requirement changes made in 2015.
The changes were a response to the requests from market participants for improvements in the wholesale market settlement and prudential security management system.
The purpose of a post-implementation review is to evaluate an initiative against its expected outcomes. From the Authority’s perspective, this enables learning about how regulatory decisions–or decisions not to regulate–are affecting the sector and whether further policy action is required.