Westpac
APRA removes add-on liquidity requirement for Westpac
… Content News APRA removes add-on liquidity requirement for Westpac Thursday 1 September 2022 Print Email The Australian … Authority (APRA) has removed a liquidity add-on imposed on Westpac Banking Corporation (Westpac) for breaching APRA’s prudential standards on …
Update on APRA’s Westpac investigation
… Home Search Content Media Releases Update on APRA’s Westpac investigation Wednesday 17 June 2020 Print Email The … into matters arising from AUSTRAC’s proceeding against Westpac Banking Corporation 1 . APRA commenced an … (including the Banking Executive Accountability Regime) by Westpac, its directors and senior executives following …
APRA fines Westpac for failing to meet legal reporting requirements
… Breadcrumb Home Search Content Media Releases APRA fines Westpac for failing to meet legal reporting requirements … Authority (APRA) has served infringement notices on Westpac Banking Corporation (Westpac) and two of its subsidiaries for failing to meet …
APRA closes investigation into Westpac anti-money laundering breaches
… Content Media Releases APRA closes investigation into Westpac anti-money laundering breaches Friday 12 March 2021 … the Banking Executive Accountability Regime (BEAR), by Westpac Banking Corporation (Westpac). APRA commenced the investigation in December 2019 …
APRA takes action against Westpac over breaches of liquidity standards
… Search Content Media Releases APRA takes action against Westpac over breaches of liquidity standards Tuesday 1 … Authority (APRA) has taken enforcement action against Westpac Banking Corporation (Westpac) in response to material breaches of APRA’s …
APRA agrees to Enforceable Undertaking from Westpac to address risk governance weaknesses
… Media Releases APRA agrees to Enforceable Undertaking from Westpac to address risk governance weaknesses Thursday 3 … has agreed to a Court Enforceable Undertaking (CEU) from Westpac Banking Corporation (Westpac) pledging to lift substantially its efforts to …
APRA reduces Westpac’s operational risk capital add-on by $500 million
… Breadcrumb Home Search Content Media Releases APRA reduces Westpac’s operational risk capital add-on by $500 million … will reduce the $1 billion capital add-on applied to Westpac Banking Corporation (Westpac) by $500 million in response to the bank's progress …
APRA launches Westpac investigation and increases capital requirement add-ons to $1 billion
… Breadcrumb Home Search Content Media Releases APRA launches Westpac investigation and increases capital requirement … into possible breaches of the Banking Act 1959 by Westpac Banking Corporation (Westpac). APRA will focus on the conduct that led to the …
APRA releases life insurance statistics for December 2018
… Mutual Life Assurance Society Limited 13 5.5% 131% 5 Westpac Life Insurance Services Limited 10 4.2% 234% Top 5 … of total 1 Challenger Life Company Limited 118 366 39.6% 2 Westpac Life Insurance Services Limited 119 198 21.4% 3 TAL …
APRA releases life insurance statistics for 2017/18 financial year
… Mutual Life Assurance Society Limited 12.5 5.4% 131% 5 Westpac Life Insurance Services Limited 8.9 3.8% 249% Top 5 … Swiss Re Life & Health Australia Limited 37 262 10.4% 4 Westpac Life Insurance Services Limited 103 217 8.6% 5 TAL …
APRA announces executive appointments and structure changes
… past 20 years, Carmen has held diverse leadership roles at Westpac and Commonwealth Bank of Australia, including across … Manager, Risk Transformation Delivery Integration at Westpac. This involved leading the Group-wide implementation …
APRA releases information paper on BEAR implementation at three large ADIs
… (CBA) and National Australia Bank (NAB) in February 2020. Westpac Banking Corporation was not included due to an …
APRA announces Executive General Manager appointments
… Risk & Data Analytics Division. Mr Carmody currently heads Westpac’s Risk Analytics and Insights function, which is …
APRA applies additional $250m capital requirement to Allianz Australia
… requirements each on ANZ, National Australia Bank and Westpac . APRA Executive Board Member Geoff Summerhayes said …
APRA applies additional capital requirements to three major banks in response to self-assessments
… APRA has written to ANZ, National Australia Bank (NAB) and Westpac advising of an increase in their minimum capital …
APRA updates Enforcement Approach to provide clarity around transparency and data reporting
… is timely and accurate. “As last month’s fine imposed on Westpac underlined , our reporting standards are legally …
APRA releases 2022 MySuper performance test results
… time failing product RSE MySuper Product Retirement Wrap Westpac Group Plan MySuper Second time failing products RSE …
APRA releases framework for supervising conglomerates but defers implementation
… Australia Bank Limited; Suncorp Group Limited; and Westpac Banking Corporation. APRA Chairman Mr Wayne Byres …
APRA publishes new details on Climate Vulnerability Assessment
… Bank, Macquarie Bank, National Australia Bank and Westpac. The banks commenced their CVAs in June, and are due …
APRA releases framework for domestic systemically important banks in Australia
… Commonwealth Bank of Australia National Australia Bank Westpac Banking Corporation. The HLA capital requirement for …