ASIC Ordered to Pay Westpac Costs in Case Dismissal By Manesh Samtani, Regulation Asia Published on 14th August 2019 In September, Westpac admitted to breaching responsible lending laws and agreed to a A$35mn settlement with ASIC. The settlement was rejected and the case has been dismissed.To continue reading... Sign in Password * Remember me Lost your password? Get access Get access immediately by purchasing a 12 month subscription, or register today to get access to a free 5-article trial: Register Subscribe To discuss subscription options with our team please email: [email protected] Related:ASIC, HEM, Kenneth Hayne, loan approval, loan assessment, Maurice Blackburn, National Credit Act, responsible lending, Royal Commission, Sean Hughes, Westpac Recommended for you RBA Report Contradicts Official Stance on Responsible Lending Laws APRA Issues Second Consultation on Insurance in Superannuation Lessons Learned From APAC’s Landmark Year of AML Fines