Australian regulator applies additional AU$20m (US$12.7m) capital requirement to RAC insurance

APRA has imposed an extra capital requirement on RAC, citing deficiencies in outsourcing controls, conflict management, and board decision making.

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Australian regulator applies additional aum us 7m capital requirement to rac insurance
Australian regulator applies additional aum us 7m capital requirement to rac insurance
Australian regulator applies additional aum us 7m capital requirement to rac insurance
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Australian regulator applies additional aum us 7m capital requirement to rac insurance

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