Information about how we handle and manage your credit information and credit eligibility information in respect of individuals is set out in our privacy and credit reporting policy above.
Our Statement of Notifiable Matters in accordance with paragraph 4.2 of the Privacy (Credit Reporting) Privacy Code is also located?hereset out in our privacy and credit reporting policy above.
ÃÛ¶¹ÊÓƵ Investment Bank in Australia: The materials on the ÃÛ¶¹ÊÓƵ Website are distributed in Australia by ÃÛ¶¹ÊÓƵ AG - ABN 47 088 129 613 (Holder of Australian Financial Services Licence No. 231087) and ÃÛ¶¹ÊÓƵ Securities Australia Limited - ABN 62 008 586 481 (Holder of Australian Financial Services Licence No. 231098).
ÃÛ¶¹ÊÓƵ Asset Management in Australia : The materials on the ÃÛ¶¹ÊÓƵ Website are distributed in Australia by ÃÛ¶¹ÊÓƵ Asset Management (Australia) Ltd - ABN 31 003 146 290 (Holder of Australian Financial Services Licence No. 222605).
ÃÛ¶¹ÊÓƵ AG, Australia Branch is a foreign Authorised Deposit-taking Institution ("foreign ADI") under the Banking Act 1959 (Cth), and is supervised by the Australian Prudential Regulation Authority. However, it is important for you to note that should you make a deposit with ÃÛ¶¹ÊÓƵ AG, Australia Branch in connection with the services ÃÛ¶¹ÊÓƵ AG, Australia Branch provides you, provisions of the Banking Act 1959 (Cth) for the protection of depositors generally do not apply to foreign ADI's including ÃÛ¶¹ÊÓƵ AG, Australia Branch. For example, depositors with foreign ADIs do not receive the benefit of the following protections:
- Deposits are not covered by the financial claims scheme and are not guaranteed by the Australian Government;
- Deposits do not receive priority ahead of amounts owed to other creditors. This means that if a foreign ADI was unable to meet its obligations or otherwise is in financial difficulties and ceases to make payments, its depositors in Australia would not receive priority for repayment of their deposits from the foreign ADI's assets in Australia;
- A foreign ADI is not required to hold assets in Australia to cover its deposit liabilities in Australia. This means that if the foreign ADI were unable to meet its obligations or otherwise is in financial difficulties and ceases to make payments, it is uncertain whether depositors would be able to access the full amount of their deposit.