2020 Consequencs Of APRA's Cosy Non-Regulation Of Westpac Bank?

2020 Consequencs Of APRA's Cosy Non-Regulation Of Westpac Bank?


31st Dec 2019: APRA-Westpac Abject Failures Of Self-Assessments Of Self-Regulation.2020 Deadly Australian Sovereign Risk Exposure.

Facts:
* 28th Nov 2018: WBC 131 page Self-Assessment Report submitted to APRA Released Publicly- WBC summary: few issues, nothing major. Full Report WBC Website:https://www.westpac.com.au/about-westpac/media/culture-governance-accountability/

* 11th July 2019: WBC releases ASX Ann of APRA's Response-1 page- WBC-APRA summary: few issues, nothing major. See WBC Websitehttps://www.westpac.com.au/about-westpac/media/media-releases/

* 19th Dec 2019: APRA releases its Self-Assessment Report-WBC-APRA summary: few issues, nothing major.See APRA Report: https://www.apra.gov.au/regulator-performance-framework-self-assessment-2018-19

Sane Conclusions:
* Self-Assessment of Self-Regulation Process revealed Zip on Westpac's Financing-Facilitation of Paedophilies et al Issues.
* What else is Self-Assessment covering up?
* What roles have Directors, Senior Executives, Auditors, External Consultants played?
* 2020 APRA-Westpac Mantra's "Self-Assessment Of Self-Regulation" Are Abject Failures!

Summary: IMO, 2020 Deadly Australian Sovereign Risk Exposure With Major Negative Contagion Affects.