Australian regulator finalises changes to phase out AT1 capital instruments
APRA has finalised consequential amendments to its bank prudential framework to phase out Additional Tier 1 (AT1) capital instruments.
APRA
APRA removes $500M capital add-on applied to Westpac
The Australian Prudential Regulation Authority (APRA) has determined that Westpac Banking Corporation has completed a multi-year risk transformation program.
Australian regulator disqualifies two directors of Xinja Bank
The Australian Prudential Regulation Authority (APRA) has disqualified the former CEO of Xinja Bank.
Australian regulator increases capital requirement, imposes licence conditions on KeyInvest
APRA has placed an additional $5.5 million capital requirement and imposed additional licence conditions on KeyInvest.
APRA accepts Court Enforceable Undertaking from ANZ for weaknesses in risk management practices
The Australian Prudential Regulation Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ.
Australian regulator grants new foreign ADI licence to Land Bank of Taiwan
APRA has granted Land Bank of Taiwan Co., Ltd a licence to operate as a foreign authorised deposit-taking institution.
APRA to phase out use of AT1 as eligible bank capital
The Australian Prudential Regulation Authority (APRA) has confirmed it will phase out the use of Additional Tier 1 (AT1) capital instruments.
APRA revokes restricted banking licence of International Bank of Australia
At the time of revocation, International Bank of Australia had not launched any products and had no customers and zero deposits.
Australian regulator proposes that banks phase out use of AT1 capital instruments
The Australian Prudential Regulation Authority (APRA) has proposed changes to the capital framework for banks.
Australian regulator increases ANZ’s capital add-on to $750M
APRA has increased ANZ’s capital add-on to $750 million over non-financial risk management concerns.
