Australia's Westpac fined for failing to report data on time

Australia's financial watchdog fined Westpac Banking Corp and two of its un...

FILE PHOTO: A man walks past a Westpac bank branch in Sydney, Australia April 20, 2018. REUTERS/Edgar Su/File Photo

The Australian Prudential Regulation Authority said Westpac and its units will have to pay a fine of A$1.5 million because they were up to 28 days late in submitting their reports for the month ended April 30. The fine is the maximum payable for the breach.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Report: Instagram User Data and Stories Were Being Harvested by One of the App's Marketing PartnersReport: One of Instagram's officially approved partners harvested and stored users' stories and location details.
Read more »

Australia's Treasury Wine rejects report alleging it inflated profitTreasury Wine Estates Ltd on Thursday rejected a research report that alleged th...
Read more »

Australia's Treasury Wine rejects report it inflated profits by $200 millionTreasury Wine Estates rejected on Thursday a research report that alleged the Au...
Read more »

Pregnant City Girls rapper Yung Miami shot at 14 times in drive-by shooting: reportCity Girls rapper, Yung Miami, was reportedly shot at 14 times in a drive-byshooting in Miami in the early hours of Tuesday morning
Read more »