Australian regulatory scrutiny of unlisted assets reflects global trend

The valuation of unlisted assets is increasingly coming under the microscope as pension funds confront regulatory changes in the wake of the Covid-19 pandemic. The Australian Prudential Regulation Authority (APRA) has taken a leading role in this global shift, with its comprehensive review setting a benchmark that resonates with financial regulators worldwide, shining a light on superannuation funds like Aware Super. "The review into the valuation of unlisted assets was necessit…