Westpac to face US class action over AUSTRAC scandal
APRA 2020-01-30 3:10 pm By Cat Fredenburgh | Melbourne
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A US-based plaintiffs firm is planning a class action against Westpac alleging it failed to alert investors to significant lapses in its anti-money laundering and counter-terrorism finance compliance, which led to a bombshell lawsuit by AUSTRAC last year.

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