Westpac fined $1.3 billion for child exploitation & terrorism transfers
Westpac will cough up more than a billion dollars in penalties to the financial crimes watchdog failing to stop transactions that funded child sex trafficking. The country’s second largest bank has agreed to pay the largest civil fine in Australian history, after admitting to 23 million breaches of financial crime laws relating to international transfers… Continue reading Westpac fined $1.3 billion for child exploitation & terrorism transfers