Brief: Australia's AUSTRAC Accepts Enforceable Undertaking From Bank Of Queensland

Bank of Queensland

31/05/2023 24:41

May 31 (Reuters) - Australia's AUSTRAC: 
    * ACCEPTS ENFORCEABLE UNDERTAKING FROM BANK OF QUEENSLAND
    * UNDERTAKING BINDS BOQ TO AN ONGOING REMEDIAL ACTION PLAN
TO
IMPROVE ITS AML/CTF PROGRAM
    * ACCEPTED UNDERTAKING FROM BANK OF QUEENSLAND TO IMPROVE
ITS
COMPLIANCE WITH ANTI-MONEY LAUNDERING & COUNTER-TERRORISM
FINANCING LAWS
    * AS PART OF ENFORCEABLE UNDERTAKING, BOQ WILL ENGAGE AN
EXTERNAL
AUDITOR WHO WILL REPORT BACK TO AUSTRAC


Further company coverage:  BOQ.AX 

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