BOQ 0.16% $6.12 bank of queensland limited.

Ann: Entry into Enforceable Undertakings with APRA and AUSTRAC, page-25

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  1. 341 Posts.
    lightbulb Created with Sketch. 35
    I have a second thought about the $50M capital adjustment - is this just an adjustment on the book? BOQ is not paying $50M to anyone? If so then I think the SP shouldn't drop so much today... Also, have you noticed this paragraph:

    "BOQ may apply for removal of all or part of the capital adjustment when it concludes that it can demonstrate compliance to APRA's satisfaction with commitments in respect of ongoing remediation and the APRA EU"

    --- I recon it may take 6 months for the Capital Adjustment to be removed.
    Last edited by BullWish: 31/05/23
 
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