Dec 1 (Reuters) - Australia's prudential regulator said on Tuesday that Westpac Banking Corp (WBC) breached liquidity standards and it has asked independent third parties to review the lender's risk management.
The Australian Prudential Regulation Authority (APRA) is also levelling a 10% add up to the net cash outflow component of Westpac's liquidity coverage ratio until the reviews are over.
Dec 1 (Reuters) - Australia's prudential regulator said on...
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