Jenee Tibshraeny: NZ Herald Wellington business editor on ASB facing a $6 million dollar fine for breaching anti-money laundering rules

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Recorded01 Apr 2026

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ASB is facing a fine of around $6 million for breaching anti-money laundering rules. Banks are required to do their due diligence with their money, in order to comply with existing legislation - but ASB hasn't followed the right systems. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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