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News: IFL APRA Says Not To Appeal Federal Court Decision In IOOF Case

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    Oct 17 (Reuters) - Australian Prudential Regulation Authority:

    • AUSTRALIA'S PRUDENTIAL REGULATOR - APRA NOT TO APPEAL FEDERAL COURT DECISION TO DISMISS COURT ACTION AGAINST IOOF ENTITIES, DIRECTORS AND EXECUTIVES.
    • APRA NOTES ADDITIONAL LICENCE CONDITIONS IMPOSED ON IOOF IN DECEMBER REMAIN IN FORCE
    • APRA IS CONSIDERING REVISING PRUDENTIAL STANDARDS OR SEEKING LEGISLATIVE AMENDMENTS TO ENSURE MEMBER INTERESTS ARE PROTECTED

    Source text: http://bit.ly/31jtsos

    (([email protected];))

 
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