CBA’s $700M AUSTRAC settlement gets court OK
Australian Government Solicitor 2018-06-20 5:56 pm By Miklos Bolza | Sydney
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A Federal Court judge has signed off on a $700 million settlement between AUSTRAC and Commonwealth Bank of Australia for violating anti-money laundering and counter-terrorism financing laws, saying the penalty showed the court’s “strong disapproval” of the bank’s actions.

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