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

Bendigo and Adelaide Bank

18/12/2025 24:02

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;))