Australian regulator disqualifies former chair of Xinja Bank
The Australian Prudential Regulation Authority (APRA) has disqualified the former chair of Xinja Bank Limited, Lindley Edwards, from being an accountable person.
The Australian Prudential Regulation Authority (APRA) has disqualified the former chair of Xinja Bank Limited, Lindley Edwards, from being an accountable person.
The website of Xinja Bank has gone blank several days after APRA revoked its ADI license.
The Australian Prudential Regulation Authority revokes the authorised deposit-taking institution (ADI) licence of Xinja Bank.
Australian startup Xinja Bank plans to withdraw its Transaction and Savings account products and return its ADI licence.