WBC westpac banking corporation

News: WBC Australian bank regulator flags more capital requirements as self-assessment falls short

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    SYDNEY, May 22 (Reuters) - The Australian prudential regulator said it may impose additional capital requirements on some financial institutions after it found weakness in their ability to self-assess non-financial risk.

    The Australian Prudential Regulation Authority (APRA) also said the boards of the country's financial institutions "should expect increased supervisory scrutiny" after it found weaknesses in their self-assessment procedures.

 
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