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Regulatory

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

BY KARREN VERGARA | THURSDAY, 14 DEC 2017 10:47AM

CBA admitted systems glitches have led to it breaching anti-money laundering and counter-terrorism laws on more than 53,000 occasions, and flagged it is bracing itself for new allegations to be handed down by AUSTRAC.

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