Enforcement/apraCWLTH

APRA additional $250M ANZ capital (non-financial risk)

capital directive1 July 2019

Respondent

Australia and New Zealand Banking Group

Facts

APRA imposed $500M additional capital following NAB + ANZ Royal Commission revelations + risk culture concerns (later proportionate amounts at NAB + Westpac).

Outcome

Capital adjustments imposed; reduced as remediation completed.

Read the source

https://apra.gov.au/news-and-publications/

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