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02 December 2019 • By Sarah Simpkins • 1 min read
APRA’s chairman has indicated the regulator is considering what action it can take against Westpac, mulling over the accountability, governance and ...
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With the post-mortem firmly underway, the federal government interrogated Australia’s peak banking association on what Westpac should do next
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ASIC has launched an investigation into Sydney-based Regal Funds Management, over its trading into certain securities. The listed fund manager told ...
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APRA and ASIC have signed an updated collaboration agreement, committing to deepen their cooperation and improve their information sharing
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Westpac will provide a withdrawal option for retail investors who applied for shares in its $500 million share purchase plan prior to AUSTRAC airing ...
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Treasurer Josh Frydenberg has confirmed Westpac’s leadership team will be examined against the Banking Executive Accountability Regime (BEAR)
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RBA Governor Philip Lowe has called on Westpac to raise its standards as other banks scramble to avoid the same fate. “We demand very high ...
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APRA has opened public consultation for revisions to its prudential standard around insurance in superannuation, angling for changes such as a maximum ...
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Afterpay breached money laundering law because of incorrect legal advice, according to an auditor. The buy-now, pay-later giant was the subject of ...
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Westpac has launched an $80 million response to AUSTRAC’s allegations, but APRA might want a piece of the pie. The bank’s response plan, announced ...
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