‘Sins of omission’: Westpac’s money laundering breaches not deliberate, report says
AUSTRAC 2020-06-04 8:53 pm By Miklos Bolza | Sydney
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The failings that led to enforcement action against Westpac over 23 million alleged breaches of financial crime laws were ones of omission, and not the result of intentional wrongdoing, according to an independent report released by the bank on Thursday.

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