Dec 1 (Reuters) - Australia's prudential regulator said on Tuesday that Westpac Banking Corp WBC.AX breached liquidity standards and it has asked independent third parties to review the lender's risk management.
The Australian Prudential (LON:PRU) Regulation Authority (APRA) is also levelling a 10% add up to the net cash outflow component of Westpac's liquidity coverage ratio until the reviews are over.