Easing of op risk add-on boosts Commonwealth Bank

Top Australian lender Commonwealth Bank saw its operational risk-weighted assets (RWAs) fall by more than A$6.2 billion ($4.8 billion) over the fourth quarter of 2020 after its regulator cut in half a capital add-on imposed as punishment for past conduct failures.

The firm’s op RWAs stood just shy of A$50 billion at end-December, down 11% on three months prior and 16% on a year ago. On November 20, the Australian Prudential Regulation Authority (Apra), the bank’s watchdog, reduced its A$12.5

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here