AUSTRAC sues Westpac for ‘systemic’ money laundering failures

TOP STORY
CBA November 20, 2019 10:30 am By Cat Fredenburgh

Westpac has been hit with a lawsuit by AUSTRAC for its alleged “systemic” failure to comply with anti-money laundering and counter terrorism finance laws.

‘Reckless’ and ‘half-baked’: Firm partner’s emails hurt because they were true, court told
Employment November 19, 2019 7:14 pm By Hannah Gee

An ex-law firm manager suing her former employer for unpaid wages was insulted by emails from a name partner only because they were true, a barrister for the firm suggested in court on Tuesday.

CBA unit pleads guilty to 87 charges over insurance hawking
Insurance November 19, 2019 10:36 am By Miklos Bolza

The Commonwealth Bank of Australia’s insurance division, CommInsure, has pleaded guilty to 87 criminal charges that it hawked life insurance products in unsolicited telephone calls, but wants credit for the early plea.