Dec 1 (Reuters) - Westpac Banking Corp WBC.AX :
* ACKNOWLEDGE FINDINGS OF APRA'S REVIEW AND ACCEPT NEED TO WORK FASTER TO ADDRESS OUR SHORTCOMINGS."
* EXPECTS TO ENTER INTO AN ENFORCEABLE UNDERTAKING OVER RISK GOVERNANCE REMEDIATION
* WILL WORK CONSTRUCTIVELY WITH APRA ON DETAIL OF ENFORCEABLE UNDERTAKING AND WE EXPECT TO UPDATE MARKET WHEN IT IS FINALISED.
* LCR FOR SEPTEMBER QUARTER 2020 WAS 151%.
* APRA 10% INCREASE TO GROUP'S NET CASH OUTFLOWS WILL APPLY FROM JAN 1, 2021