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
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.
Australian regulator removes N.M. Super’s additional licence conditions
The Australian Prudential Regulation Authority (APRA) has removed additional licence conditions imposed on N.M. Super.
Australian regulator reduces Westpac’s operational risk capital add-on by $500M
The Australian Prudential Regulation Authority (APRA) will reduce the $1 billion capital add-on applied to Westpac by $500 million.
Australian regulator imposes additional licence conditions on Fiducian
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Fiducian Portfolio Services Limited.
APRA fines Equity Trustees for failing to meet data reporting requirements
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation Limited (ETSL) $782,500.
Australian regulator imposes additional licence conditions on Mercer Super
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Superannuation (Australia) Limited.
Australian regulator removes NAB’s operational risk capital add-on
The Australian Prudential Regulation Authority (APRA) has removed the $500 million capital add-on it imposed on National Australia Bank.
