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Australian Bank Slapped With Record Fine For Thousands Of Suspicious Transactions

People walk past a branch of Australia's Commonwealth Bank in Melbourne on Monday. The Commonwealth Bank agreed to the largest civil penalty in Australian corporate history to settle claims it breached anti-money laundering and counter-terrorism financing laws. (AFP/Getty Images)
People walk past a branch of Australia's Commonwealth Bank in Melbourne on Monday. The Commonwealth Bank agreed to the largest civil penalty in Australian corporate history to settle claims it breached anti-money laundering and counter-terrorism financing laws. (AFP/Getty Images)

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