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Statement of InformationMultiple residential properties located in the Melbourne
metropolitan area
Sections 47AF of the Estate Agents Act 1980
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What is pillar - statements of?
Pillar statements are reports that provide information on the financial position, risk exposure, and performance of financial institutions.
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Financial institutions such as banks, insurance companies, and other regulated entities are required to file pillar statements.
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Pillar statements are typically filled out using standardized templates provided by regulatory authorities.
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The purpose of pillar statements is to ensure that financial institutions are adequately capitalized and to monitor their risk exposure.
What information must be reported on pillar - statements of?
Pillar statements typically include information on capital adequacy, risk weighted assets, and risk management practices.
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