sydneybank of queenslands shares slid wednesday after the australian regional lender said it had entered into separate enforceable undertakings with the countrys prudential regulator and crime watchdog the stock was down 67 at 540 australian dollars us352 after hitting a low of a538 earlier the lender is currently the worst performer on australias spasx 200 boq said wednesday that it had entered into enforeceable undertakings with the australian prudential regulation authority and the australian transaction reports and analysis center after the lender previously disclosed internal and external reviews these reviews led to the identification of deficiencies in boqs operational resilience risk culture and governance and antimoneylaundering program we have acknowledged the concerns raised by apra and austrac boq remains committed to its multiyear integrated risk program to build a stronger and simpler bank with an uplift in risk culture frameworks processes and controls said boq chairman warwick negus at the same time boq said apras conditions add a50 million to the lenders operational risk capital requirement from may 30 boq said it expected this change to reduce its level 2 common equity tier 1 ratio by around 17 basis points boqs shares are down 22 so far in 2023