Australian Bank Agrees To $919M Fine For Money Laundering

Westpac, Australias secondlargest bank, agreed to pay a 1.3 billion Australian dollar ($919 million) fine for breaches of antimoney laundering and counterterrorism financing laws, the largest ever civil penalty in Australia, a financial crime regulator said on Thursday.

from Top World News- News18.com https://ift.tt/32VZ9YJ