Australian fund cuts Westpac bond exposure on money laundering allegations
21 Nov Australian fund cuts Westpac bond exposure on money laundering allegations
Posted at 01:07h
in
News
by KMFSLLP
An Australian bond fund has
started to divest Westpac bonds following allegations
by the country’s financial crime regulator of money laundering
compliance breaches, some of which related to financing child
exploitation.
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