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CBA, AUSTRAC in $700m settlement
04/06/2018 9:57 am
/ 10:13
The Commonwealth Bank has agreed to pay a $700 million dollar civil penalty to settle its case with AUSTRAC over allegations the bank breached anti-money laundering regulations.
But as Macquarie Media’s Finance Editor Ross Greenwood told Mornings with Gareth Parker, the settlement is not all bad news for Commbank
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