The body that oversees the operations of financial institutions such as banks and building societies in Australia is:

Question

Quizplus · Accepted Answer

APRA (Australian Prudential Regulation Authority) is the regulatory body that oversees the operations of financial institutions in Australia. ASX (Australian Securities Exchange) is the primary stock exchange in Australia, ACCC (Australian Competition and Consumer Commission) is responsible for promoting competition and protecting consumers in the Australian market, and ATO (Australian Taxation Office) is responsible for managing the tax system in Australia.

The Body That Oversees the Operations of Financial Institutions Such