"BoQ’s operational resilience, risk culture and governance and BoQ’s anti-money laundering and counter-terrorism financing (AML/CTF) program and compliance.... There remains a risk that BoQ will be subject to penalties, sanctions or other enforcement action in respect of these matters,” the bank said." https://www.copyright link/companies/financial-services/boq-faces-risk-of-regulatory-action-over-compliance-problems-20230420-p5d1ul "afr article "BoQ faces risk of regulatory action over compliance problems")
It looks as though they sliced this dividend by 4c to pay $60 million to fix risk and compliance issues but it may not be enough to make APRA/AUSTRAC happy ... if we get hit with a fine/penalty, the div might be sliced further.
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Last
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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Last
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Change
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