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APRA announces the authorisation of foreign ADI ABN Amro Bank NV

The Australian Prudential Regulation Authority (APRA) today announced it has authorised ABN Amro Bank N.V. as a foreign authorised deposit-taking institution (ADI) under the Banking Act 1959.

An updated list of all APRA-regulated ADIs can be found on the website at: https://www.apra.gov.au/register-authorised-deposit-taking-institutions

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $6 trillion in assets for Australian depositors, policyholders and superannuation fund members.

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