APRA's Supervisory Oversight and Response System (SOARS) Is Designed to Assess

Multiple Choice

APRA's supervisory oversight and response system (SOARS) is designed to assess the:

A) likelihood of FI failure.
B) impact of the FI failure.
C) impact of FI failure and provide the appropriate supervisory response, which in the case of a low PAIRS probability rating will require restructure.
D) impact of FI failure and provide the appropriate supervisory response, which in the case of an extreme PAIRS probability rating will require restructure.