Trial pokes holes in CBA’s claim of ‘cordial’ relationship with AUSTRAC
AUSTRAC 2022-11-08 10:04 pm By Cindy Cameronne | Sydney
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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.

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