Australian fund cuts Westpac bond exposure on money laundering allegations
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.
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.
Posted by Reuters
