The Australian Prudential Regulation Authority has acknowledged that it needs to lift its game in a few areas after reviewing the results of a stakeholder survey, which was released yesterday.The cost of regulation, harmonisation of regulation across regulated industries, and information gathering practices, were the areas where APRA did not score well with respondents.More than a third of respondents disagreed with the proposition that changes to APRA's prudential framework took the cost of regulation into account.APRA noted in its response to the survey that any cost burden would be borne disproportionately by smaller institutions.A third of respondents had no answer on the two questions about the success of APRA's harmonisation of its prudential framework across its regulated industries. This may suggest that APRA has failed to communicate its harmonisation objectives.Asked about the regulator's values, respondents rated the integrity and professionalism of APRA staff highly, along with their willingness to collaborate. They were less complimentary on the question of accountability and a large number were not prepared to say that the organisation acted with foresight.There was evidence of some opposition to the amount of statistical information APRA collects from the industry. While 66 per cent said it was about right, 28 per cent said it was too much and four per cent said it was far too much.Overall, the regulator said it was happy with the results. Of the 45 questions asked in the survey, more than half had 75 per cent or more positive responses.