Governance

ANZ hit with additional $10m penalty

The Federal Court has ordered ANZ to pay $250 million in penalties over a wide range of misconduct and systemic risk failures addressed in September, as the bank continues to work on a remediation plan to rectify those issues.

Upgrade your subscription to access this article

Subscribe to gain unlimited access to news, research and analysis of ESG factors for ASX listed companies and investors.
Become a premium subscriber today.
Already A Subscriber?

Read more: ANZASICFederal CourtJonathan BeachAustralia RetailJoe LongoAustralian Office of Financial ManagementASIC Matters Resolution ProgramPromontoryRoot Cause Remediation PlanSarah Court