APRA revokes foreign ADI licence for Investec Bank Plc

The Australian Prudential Regulation Authority (APRA) has revoked the licence for Investec Bank plc (Investec) to operate as a foreign authorised deposit-taking institution (Foreign-ADI) under the Banking Act 1959. The decision was made at Investec’s request.

An updated list of all APRA-authorised ADIs can be found on the APRA website here.

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