Westpac accused of insider trading over A$12b swap deal
Australia’s biggest ever interest rate swap triggers ASIC legal action.
NBR staff
Wed, 05 May 2021
Australia’s financial regulator has filed legal action against Westpac for alleged insider trading in relation to a A$12 billion ($12.9b) interest rate swap transaction in 2016.
In a statement , the Australian Securities and Investments Commission accused the Australian bank of insider trading,
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NBR staff
Wed, 05 May 2021
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