ASIC seeks $30M penalty for Westpac's 'scandalous' conduct

ASIC seeks $30M penalty for Westpac’s ‘scandalous’ conduct

Financial Services 2025-05-26 11:17 pm By Andy Sidler | Melbourne

Please login to bookmark

ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused financial hardship applications to be ignored, conduct a judge has described as “shocking” and “truly scandalous”.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

error: The content is secured.

For information on rights and reprints, contact subscriptions@lawyerly.com.au