APRA removes CBA’s $500M operational risk capital add-on
The Australian Prudential Regulation Authority (APRA) has removed the remaining $500 million capital add-on applied to CBA.
APRA
APRA extends IN1Bank’s licence to operate as restricted ADI
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APRA has granted IN1Bank Ltd a second extension of its licence to operate for a limited time as a restricted ADI.
Australian regulator revokes Volt’s ADI licence
ADI licence, APRA, featured, Volt Bank
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The Australian Prudential Regulation Authority (APRA) has revoked Volt Bank Limited’s authorised deposit-taking institution (ADI) licence.
Volt Bank completes return of deposits to its customers
ADI licence, APRA, featured, Volt Bank
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The Australian Prudential Regulation Authority (APRA) notes that Volt Bank has completed the process of returning deposits to its customers.
Australian regulator revokes Citigroup Pty Limited’s ADI licence
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This determination follows the acquisition of Citigroup Pty Limited’s consumer banking business by NAB in June 2022.
Volt Bank to close, APRA monitors return of funds
APRA, featured, Volt, Volt Bank
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As Australia’s financial safety regulator, APRA will closely monitor the process to ensure funds are returned to Volt depositors.
APRA outlines policy roadmap for crypto-assets
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APRA has outlined its risk management expectations for regulated entities that engage in activities associated with crypto-assets.
Barclays secures Australian license to operate as foreign ADI
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APRA has authorised Barclays Bank PLC to operate as a foreign authorised deposit-taking institution (ADI) in Australia.
APRA revokes ADI license of neo bank 86 400 Ltd
86 400, ADI license, APRA, NAB
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This determination follows the acquisition of 86 400 Ltd by National Australia Bank Limited (NAB) in May 2021.
APRA extends IN1Bank’s licence as restricted ADI
ADI licence, APRA, IN1Bank
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APRA has granted IN1Bank Ltd an extension of its licence to operate for a limited time as a restricted ADI.