BRIEF-Australia's APRA And AUSTRAC Take Action In Response To Risk Management Deficiencies At Bendigo And Adelaide Bank

Reuters

2025/12/18

BRIEF-Australia's APRA And AUSTRAC Take Action In Response To Risk Management Deficiencies At <a href="https://laohu8.com/S/BEN.AU">Bendigo And Adelaide Bank</a>

Dec 18 (Reuters) - Bendigo and Adelaide Bank Ltd BEN.AX:

APRA AND AUSTRAC TAKE ACTION IN RESPONSE TO RISK MANAGEMENT DEFICIENCIES AT BENDIGO AND ADELAIDE BANK
WILL REQUIRE BENDIGO BANK TO HOLD AN OPERATIONAL RISK CAPITAL ADD-ON OF A$50 MILLION
CONCERNED WEAKNESSES IDENTIFIED BY INVESTIGATION MAY BE APPLICABLE ACROSS BANK’S OPERATIONS MORE BROADLY
AUSTRAC COMMENCED ENFORCEMENT INVESTIGATION AGAINST BENDIGO BANK

Further company coverage: BEN.AX

((Reuters.Briefs@thomsonreuters.com;))

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