


| APRA demands Westpac set aside extra $500m |
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APRA on Tuesday imposed the immediate increase in Westpac's capital requirements as it prepares to examine the events that led to, and followed, an alleged 23 million breaches of money laundering laws, including a failure to properly monitor payments potentially linked to child sex offences in Southeast Asia.
Posted: 2019-12-17 00:23:00
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