Aug 8 (Reuters) - Australian Prudential Regulation Authority:
- SERVED INFRINGEMENT NOTICES ON WESTPAC AND 2 OF ITS UNITS
- SERVED INFRINGEMENT NOTICES FOR FAILING TO MEET THEIR LEGAL OBLIGATIONS TO REPORT DATA TO APRA.
- WESTPAC WAS UP TO 20 DAYS LATE IN FILING ITS REPORTS FOR MONTH ENDING 31 MARCH 2019 WHICH WERE DUE ON 1 MAY
- APRA HAS SERVED INFRINGEMENT NOTICES ON WESTPAC AND TWO UNITS FOR FAILING TO MEET THEIR LEGAL OBLIGATIONS TO REPORT DATA TO APRA
- APRA REQUIRES WESTPAC ENTITIES TO PAY A CUMULATIVE PENALTY OF $1.5 MILLION
- APRA SENT SHOW CAUSE NOTICES TO WESTPAC ENTITIES ON 22 JULY SEEKING THEIR RESPONSES TO APRA’S INTENTION TO SERVE THEM WITH INFRINGEMENT NOTICES
- WESTPAC ENTITIES HAVE UNTIL 6 SEPTEMBER TO PAY THE FINES IMPOSED BY THE INFRINGEMENT NOTICES
Source text: (http//tinyurl.com/y22gv63t)
News: WBC APRA Serves Infringement Notices To Westpac And Two Of Its Units
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