Dec 12 (Reuters) - Westpac Banking Corp (WBC) :
- BOARD IS DEEPLY DISTRESSED ABOUT ISSUES RAISED BY AUSTRAC IN ITS STATEMENT OF CLAIM OF 20 NOVEMBER 2019.
- "AS A BOARD AND AS INDIVIDUALS, WE ARE DEVASTATED THAT ANYONE MAY HAVE BEEN EXPOSED TO RISK OF HARM AS A RESULT OF A FAILING BY WESTPAC"
- "EVERY ONE OF US IN THIS COMPANY HAS BEEN SHAKEN BY EVENTS OF PAST FEW WEEKS"
- "WE'VE STRENGTHENED OUR POLICIES, DATA SYSTEMS, PROCESSES & CONTROLS, & HAVE SUBSTANTIALLY INCREASED NUMBER OF FINANCIAL CRIME SPECIALISTS"
- ALLEGATIONS ON "WESTPAC'S FAILURE TO REPORT INTERNATIONAL FUNDS TRANSFER INSTRUCTIONS - A COMPLIANCE BREACH THAT IS DEEPLY CONCERNING"
- "WE ACKNOWLEDGE WE SHOULD HAVE IMPLEMENTED MORE ROBUST TRANSACTION MONITORING EARLIER THAN WE DID"
- "WE HAVE CHANGED OUR PROCESSES AND IMPLEMENTED ADDITIONAL TRANSACTION MONITORING AND WILL CONTINUE TO REVIEW OUR PROCESSES"
- "WE ARE ALSO CONSCIOUS WE NEED TO STRENGTHEN OUR 'SPEAK UP' CULTURE"
- ACTUAL PAYMENT OF 2019 VARIABLE REWARDS WILL BE WITHHELD FOR FULL EXECUTIVE TEAM SUBJECT TO ACCOUNTABILITY FOR AUSTRAC'S CLAIMS
- BOARD REDUCED ITS FEES FOR 2019 BY 20%
- Forums
- ASX - By Stock
- WBC
- News: WBC Westpac Says Board Is Deeply Distressed About Issues Raised By AUSTRAC
News: WBC Westpac Says Board Is Deeply Distressed About Issues Raised By AUSTRAC
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBC (ASX) to my watchlist
|
|||||
Last
$27.09 |
Change
-0.220(0.81%) |
Mkt cap ! $93.98B |
Open | High | Low | Value | Volume |
$26.86 | $27.09 | $26.76 | $155.8M | 5.779M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | $27.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$27.09 | 57161 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 27.070 |
2 | 6267 | 26.990 |
3 | 6303 | 26.950 |
2 | 101000 | 26.920 |
2 | 6266 | 26.910 |
Price($) | Vol. | No. |
---|---|---|
27.100 | 27861 | 1 |
27.110 | 4458 | 2 |
27.150 | 300 | 1 |
27.180 | 10172 | 2 |
27.200 | 5130 | 4 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
Featured News
WBC (ASX) Chart |