April 7 (Reuters) - Australian Prudential (LON:PRU) Regulatory Authority:
* AUSTRALIA'S APRA SAYS IT EXPECTS ADIS AND INSURERS TO LIMIT DISCRETIONARY CAPITAL DISTRIBUTIONS IN MONTHS AHEAD
* APRA SAYS IT EXPECTS ADIS & INSURERS WILL SERIOUSLY CONSIDER DEFERRING DECISIONS ON APPROPRIATE LEVEL OF DIVIDENDS UNTIL OUTLOOK IS CLEARER
* AUSTRALIA'S APRA SAYS WHERE BOARD IS CONFIDENT THEY ARE ABLE TO APPROVE DIVIDEND, THE DIVIDEND SHOULD BE AT MATERIALLY REDUCED LEVEL
* APRA SAYS IT ALSO EXPECTS BOARDS WILL APPROPRIATELY LIMIT EXECUTIVE CASH BONUSES, MINDFUL OF CURRENT CHALLENGING ENVIRONMENT
* APRA SAYS IT EXPECTS BANKS AND INSURERS TO LIMIT DISCRETIONARY CAPITAL DISTRIBUTIONS, INCLUDING PRUDENT CUTS IN DIVIDENDS