But is there any law that says a bank will lose its licence if it breaches money laundering provisions? It seems like a bad idea for a government agency to arbitrarily suspend a very large company's right to operate.
Also seems excessive considering the money laundering occurred as a result of a design failure of a relatively new technology and which is quite clearly unintentional.
CBA Price at posting:
$69.69 Sentiment: Buy Disclosure: Held
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