The CBA has a reached a $700 million dollar settlement Source: AAP
Commonwealth Bank of Australia chief executive Matt Comyn [[KOM-in]] says the bank's acceptance of a record 700-million dollar fine over its anti-money laundering and counter-terrorism case is an acknowledgement of the bank's failures. The bank has admitted to the 53-thousand-506 breaches it's been accused of by the regulator AUSTRAC. Dina Gerolymou and Themis Kallos discuss the story.
Commonwealth Bank of Australia chief executive Matt Comyn [[KOM-in]] says the bank's acceptance of a record 700-million dollar fine over its anti-money laundering and counter-terrorism case is an acknowledgement of the bank's failures. The bank has admitted to the 53-thousand-506 breaches it's been accused of by the regulator AUSTRAC. Dina Gerolymou and Themis Kallos discuss the story.
