How Westpac is alleged to have broken anti-money laundering laws 23 million times

Authors

Ian K. Fargher, University of WollongongFollow

RIS ID

140194

Publication Details

Fargher, I. (2019). How Westpac is alleged to have broken anti-money laundering laws 23 million times. The Conversation, 25 November 1-4.

Link to publisher version (URL)

The Conversation Media Group

Abstract

Australia's second-biggest bank, Westpac, is poised to overtake the biggest, the Commonwealth Bank. Not in terms of assets, earnings or market capitalisation, but in having to pay the heftiest fine in Australian corporate history.