Australian regulator revokes ADI license of Bank of Nova Scotia
The Australian Prudential Regulation Authority (APRA) has agreed to a request from the Bank of Nova Scotia to revoke its licence.
ADI license
APRA revokes ADI license of neo bank 86 400 Ltd
This determination follows the acquisition of 86 400 Ltd by National Australia Bank Limited (NAB) in May 2021.
Xinja completes deposits return, to relinquish ADI license in next few weeks
Xinja would be withdrawing its Transaction and Savings account products and returning its banking licence.
Xinja Bank to return ADI licence, plans to withdraw deposit accounts
Australian startup Xinja Bank plans to withdraw its Transaction and Savings account products and return its ADI licence.
