Australian regulator revokes Citigroup Pty Limited’s ADI licence
This determination follows the acquisition of Citigroup Pty Limited’s consumer banking business by NAB in June 2022.
APRA
Volt Bank to close, APRA monitors return of funds
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
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
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
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
APRA has granted IN1Bank Ltd an extension of its licence to operate for a limited time as a restricted ADI.
End of the road for Xinja bank, its website goes blank
The website of Xinja Bank has gone blank several days after APRA revoked its ADI license.
Australian regulator revokes Xinja Bank’s ADI licence
The Australian Prudential Regulation Authority revokes the authorised deposit-taking institution (ADI) licence of Xinja Bank.
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.
TransferWise Australia secures limited ADI licence from APRA
APRA has granted TransferWise Australia Pty Limited a licence as a limited authorised deposit-taking institution (ADI).
