ARPA revokes foreign ADI licence for Investec Bank Plc

The Australian Prudential Regulation Authority (APRA) has revoked the licence for Investec Bank plc (Investec) to operate as a foreign authorised deposit-taking institution (Foreign-ADI) under the Banking Act 1959. The decision was made at Investec's request.

An updated list of all APRA-authorised ADIs can be found on the APRA website here.