Reserve Bank – ASB Bank ordered to pay $6.731 million in largest AML/CFT penalty to date
Source: Reserve Bank of New Zealand – Te Pūtea Matua 10 June 2026 – The Reserve Bank of New Zealand – Te Pūtea Matua welcomes the High Court’s decision to impose a civil pecuniary penalty of $6.731 million on ASB Bank Limited for seven breaches of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act … Read more