Daily briefs

Daily briefs: Judgement Day for Westpac

Westpac CEO Peter King

Westpac CEO Peter King said the bank would "ensure that these mistakes do not happen again", after reaching an agreement to pay A$1.3 billion for AML/CTF breaches. Image credit: Mick Tsikas/AAP

Westpac will pay A$1.3 billion to settle its money laundering case with AUSTRAC, the biggest fine in Australian corporate history.[.....]

Subscribe to Australian Banking Daily now and start your $1 subscription

Go beyond the news with information you can act on.

  • Access the archive of all Australian Banking Daily articles and newsletters
  • Login via your desktop or mobile device
  • No ads, ever
  • Extended policy coverage included in the Daily Briefing email
  • This Sitting Week delivered early to your inbox every week Parliament is sitting
  • Czar Report - important events and deadlines coming up in the month ahead
  • My Calendar - never miss an important submission deadline
  • Report & policy summaries designed to save you time
All subscriptions renew automatically but you can cancel any time. You will be charged $1 initially for the first month of your subscription and then the standard monthly rate thereafter ($69/month for a single subscription and $179/month for a team of three). New customers only. Offers and pricing are subject to change without notice.
Australian Banking Daily
Stay informed - subscribe to our newsletter.
The subscriber's email address.