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Broker Daily Podcast Network

Westpac and AUSTRAC in the spotlight

25 Nov 2019

Description

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they delve into the anti-money laundering and anti-terrorism financing regulator AUSTRAC's civil penalty orders against Westpac, as well as the latest class actions against ANZ and Westpac in relation to the mis-selling of comprehensive credit insurance. This week they discuss... Westpac CEO Brian Hartzer's response to the allegations Whether ramifications for the alleged breaches are adequate Previous cases of banks mis-selling CCI

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