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Australia's banking regulator closes money laundering investigation into Westpac

March 12 (Reuters) - Australia’s banking regulator said on Friday it had closed the investigation against Westpac Banking Corp for possible breaches of anti-money laundering and counter-terrorism laws.

The Australian Prudential Regulation Authority said the investigation has not found evidence of breaches of the Banking Act 1959 or the Banking Executive Accountability Regime legislation. (bit.ly/3qENCG6) (Reporting by Arundhati Dutta in Bengaluru; Editing by Shounak Dasgupta)

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