Most Recent
Westpac CEO Brian Hartzer has stepped down after admitting he was "ultimately accountable" for failures detailed in an AUSTRAC lawsuit alleging over 23 million breaches of anti-money laundering and counter-terrorism financing laws.
Buy now, pay later giant Afterpay got bad legal advice from "top tier Australian law firms" on its anti-money laundering compliance, an auditor's report has found.
Westpac has been hit with a lawsuit by AUSTRAC for its alleged "systemic" failure to comply with anti-money laundering and counter terrorism finance laws.