Investec in Australia
By combining our local experience and expertise with the strength of the broader Investec group we're able to deliver a compelling proposition and Out of the Ordinary solutions.
"We have a local focus with access to the global network."
Milton Samios, Investec Australia Limited CEO
Investec operates through a dual branch and non-branch structure in Australia. Its go-forward lending activities are conducted through Investec Bank plc, Australia Branch (ARBN 629 184 710) (the Branch), and its other activities (corporate advisory, equity investments, financial markets and funds management) are conducted through Investec Australia Limited (ABN 77 140 381 184 , AFSL No. 342737) (IAL) and its other related entities (together the IAL Entities). Investec Bank plc (IBP) is authorised in the United Kingdom by the Prudential Regulation Authority of the UK (PRA) and is regulated by the PRA and the Financial Conduct Authority of the UK (FCA). The Branch is authorised and regulated in Australia by the Australian Prudential Regulation Authority. IBP is exempt from the requirement to hold an Australian financial services licence under the Corporations Act 2001 (Cth) in respect of the financial services the Branch provides to wholesale clients in Australia. IBP accordingly does not hold an Australian financial services licence. IBP is authorised by the PRA and regulated by the FCA and PRA under UK laws, which differ from Australian laws. The Branch does not currently take deposits in Australia under the Banking Act 1959 (Cth). The IAL Entities (excluding the Branch) are not authorised deposit-taking institutions for the purposes of the Banking Act 1959 (Cth), and their obligations do not represent deposits or other liabilities of IBP, including the Branch. IBP (including the Branch) does not guarantee or otherwise provide any assurance in respect of the obligations of the IAL Entities.