Which of the following institutions are supervised by APRA? I. Building societiesII. Commercial banksIII. Credit unions
Question
Solution 1
The Australian Prudential Regulation Authority (APRA) supervises the following institutions:
I. Building societies: Yes, APRA supervises building societies. These are financial institutions owned by its members, similar to a credit union. They offer banking and related financial services, especiall Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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