Westpac smacked with biggest fine in Australian corporate history | ABC News

Westpac has agreed to pay $1.3 billion for 23 million breaches of money laundering laws.
Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/32WC6gz
The penalty comes after the financial crimes regulator, AUSTRAC, accused the bank of failing to prevent breaches of anti-money laundering and counter-terrorism financial laws.

ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1

Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews

#ABCNews #ABCNewsAustralia #breakingnews

Видео Westpac smacked with biggest fine in Australian corporate history | ABC News канала ABC News (Australia)