Sept 5 (Reuters) - Westpac Banking Corp (WBC) :
- ACKNOWLEDGES CIVIL PENALTY PROCEEDINGS COMMENCED BY ASIC TODAY IN FEDERAL COURT
- BETWEEN 2015 AND 2022 WESTPAC RECEIVED APPROXIMATELY 630,000 APPLICATIONS FOR HARDSHIP ASSISTANCE
- ONCE WESTPAC IDENTIFIED THE INCIDENT CO SELF-REPORTED IT TO ASIC
- IN PROCEEDINGS ASIC ALLEGES 229 APPLICATIONS FOR HARDSHIP ASSISTANCE BETWEEN 2015 AND 2022 WERE NOT ASSESSED WITHIN 21 DAYS
- PROCEEDINGS RELATE TO A TECHNOLOGY FAILURE BETWEEN 2015 & 2022
- COMPLETED A REMEDIATION PROGRAM INCLUDING REFUNDS OF FEES AND INTEREST, DEBT WAIVERS AND OTHERS, TOTALLING ABOUT A$900,000
- HAVE STRENGTHENED PROCESSES AND ARE UPGRADING ONLINE HARDSHIP APPLICATIONS
(([email protected];))
News: WBC Westpac Acknowledges Civil Penalty Proceedings Commenced By ASIC
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Last
$38.98 |
Change
0.250(0.65%) |
Mkt cap ! $133.3B | |||
| Open | High | Low | Value | Volume |
| $38.71 | $39.13 | $38.64 | $320.9M | 8.564M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 154 | $38.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.00 | 10000 | 1 |
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