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Challenger Limited (ASX:CGF)

ALERT: Price-sensitive ASX Announcement for CGF
Current share price for CGF : $10.400 2.43 (30.49%)+
Announcement
Release
12 Jun 2025 4:08PM
Price at Release
$7.970
Full Release
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Summary
Challenger Limited has issued an announcement welcoming the Australian Prudential Regulation Authority's (APRA) consultation on the capital framework for conglomerates (Conglomerate Groups Framework or CGF). Challenger acknowledges APRA's ongoing engagement with the industry and expresses support for a robust, risk-based approach to regulatory capital requirements. The company emphasizes the importance of a framework that is appropriately tailored to the unique business models of diversified financial groups, ensuring financial stability while promoting competition and innovation. Challenger highlights its commitment to maintaining strong capital positions and supports transparent and consultative regulatory processes.
Key Points
  • Challenger welcomes APRA's consultation on capital settings for conglomerate groups.
  • The company supports a risk-based approach to regulatory capital requirements.
  • Challenger emphasizes the need for a framework tailored to diversified financial groups.
  • Maintaining financial stability and promoting competition are highlighted as key priorities.
  • Challenger remains committed to strong capital positions.
  • The company values transparent and consultative regulatory processes with APRA.
  • Challenger appreciates APRA's ongoing industry engagement during the consultation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.