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.
The Australian Prudential Regulation Authority (APRA) has agreed to a request from the Bank of Nova Scotia to revoke its licence.
The DoJ also announced a Deferred Prosecution Agreement with BNS, deferring criminal prosecution on charges of price manipulation and wire fraud.