BBSW rate-rigging settlements (ANZ + Westpac + NAB)
civil penalty30 Oct 2018
Respondent
ANZ, Westpac, NAB
Facts
ASIC alleged banks manipulated BBSW. ANZ + NAB + CBA settled; Westpac fought + lost in part.
Outcome
Combined ~$125M in penalties + $80M in enforceable undertakings.
Read the source
https://asic.gov.au/about-asic/news-centre/find-a-media-release/Rules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.