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Australia s Westpac Penalized $113M After Several Major ASIC Legal Actions

Australia s Westpac Penalized $113M After Several Major ASIC Legal Actions
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Westpac ordered to pay $113 million over widespread compliance failures

Westpac has now been ordered to pay a combined penalty of $113 million by Australia s Federal Court for wha.

Ben searcyVladimir putinMadeleine mccannMs courtSarah courtAsgard capital managementInvestments commissionMagnitude groupFederal courtDavid beachDeputy chair sarah courtChair sarah courtFull year

Westpac fined $113m for compliance failures

Westpac has been ordered to pay penalties of $113 million for compliance failures in banking, superannuation, wealth management and insurance.

Bt portfolio servicesSarah courtInvestments commissionMagnitude groupSecuritor financial groupWestpac banking corporationFederal courtAustralian securitiesAdvance asset managementAsgard capital managementJustice beach

Westpac admits to widespread failures as ASIC launches legal action

ASIC has launched multiple legal actions against Westpac. ASIC has commenced six civil penalty proceedings against Westpac in the Federal Court, alleging widespread compliance failures across multip

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ASIC files numerous cases against Westpac

In an unprecedented move, ASIC has commenced six civil penalty proceedings against Westpac for widespread compliance failures in its banking, wealth, superannuation and general insurance businesses.

Peter kingBt portfolio servicesSarah courtMagnitude groupSecuritor financial groupWestpac banking corporationFinancial adviceAdvance asset managementAsgard capital management