Company notes APRA’s comment in April that these breaches are historical and do not impact the current overall soundness of Macquarie Group’s capital or liquidity positions.
- Macquarie Bank’s Level 1 capital ratios from March 31, 2018 to Sept. 30, 2019 restated for historical errors in the application of prudential standards applicable to the intragroup funding arrangements, which were addressed prior to March 2020
- Level 1 Common Equity Tier 1 ratio from March 2020 is unaffected by these errors
- Macquarie Bank’s Level 2 CET1 ratio was 12.6% and Macquarie Group’s capital surplus was A$8.8 billion at March 31
- Macquarie Group has ...
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