The Australian Prudential Regulation Authority agreed to the Bank of Nova Scotia’s request to revoke its authorised deposit-taking institution licence following the bank’s decision to exit the Australian banking market, and noted that the updated list of APRA-authorised ADIs is available on its website.
Australian Prudential Regulation Authority 2026-03-02
Australian Prudential Regulation Authority agrees to revoke Bank of Nova Scotia’s authorised deposit-taking institution licence following Australian market exit
The Australian Prudential Regulation Authority has revoked the Bank of Nova Scotia’s authorised deposit-taking institution licence following the bank's exit from the Australian market. The updated list of APRA-authorised institutions is available on its website.