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Daily briefs: Westpac admits to thousands more transactional breaches

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Westpac admitted about 175,000 further transactional breaches to AUSTRAC and advised previously reported breaches may have been incomplete or incorrect. Image Credit: Ellen Smith/AAP

Financial advice leaders told an FSC event the industry had "too many regulators" and said it was blindsided by APRA's December intervention on individual disability income insurance (DII).[.....]

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