AUSTRALIA’S banking regulator APRA is picking and choosing which banks it is allowing to get away with breaking the law by misreporting whether their sites offer cash service provided by a teller according to an important article in The Regional. Kudos once again to Dale Webster for highlighting this important issue.
Errors in hundreds of minor and foreign bank sites included in the Australian Prudential Regulation Authority’s points of presence data for years, even decades, have been corrected over the past 17 months after being exposed by The Regional in May 2021.
https://www.theregional.com.au/post/regulator-s-bank-data-inconsistencies-not-adding-up
https://www.theregional.com.au/post/apra-s-clean-up-of-bank-data-errors-leaves-statistics-in-chaos
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