Time: 2024-07-29
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In Australia , Westpac holds an Australian Financial Services Licence ( No . 233714 ) , while in New Zealand , Westpac Institutional Bank operates under Westpac New Zealand Limited . Westpac Singapore Branch caters to institutional investors in Singapore , and in the U.S. , Westpac operates as a federally licensed branch . The London branch of Westpac is regulated by the Prudential Regulation Authority in the UK , and Westpac Europe GmbH is authorised in Germany.
Through these global operations , Westpac ensures compliance with local regulations and provides tailored services to clients in different jurisdictions . It is essential to understand the specific regulations and disclosures applicable to each country of operation to make informed financial decisions and mitigate risks associated with international investments . Remember , seeking independent advice and understanding local regulations is key to successful financial management.