Trial pokes holes in CBA’s claim of ‘cordial’ relationship with AUSTRAC
AUSTRAC 2022-11-08 10:04 pmBy Cindy Cameronne | Sydney
Please login to bookmark Close

While CBA’s defence to a shareholder class action argues the bank did not need to disclose money laundering failures because it doubted AUSTRAC would take legal action, communications show it was drafting a defence six months before proceedings started, a trial has heard.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au