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Australia's ANZ Fined Record A$250 Million for Misconduct, Risk Failures

Provided by Dow Jones Dec 19, 2025, 2:57:00 AM

By Stuart Condie

SYDNEY--ANZ Group will pay the largest combined penalties ever secured by Australia's corporate regulator over risk failures and widespread misconduct, including in the handling of a US$9.26 billion government bond sale.

The Australian Securities and Investments Commission on Friday said that Australia's Federal Court had ordered the country's fourth-largest bank to pay penalties totaling 250 million Australian dollars, equivalent to US$165.3 million.

ASIC said that was the highest combined penalty it had ever secured against a single entity.

The largest component of the sum was A$135 million for institutional and markets misconduct relating to the management of a A$14 billion government bond deal, and inaccurate reporting to government of secondary bond market turnover data.

Write to Stuart Condie at stuart.condie@wsj.com

(END) Dow Jones Newswires

December 18, 2025 21:57 ET (02:57 GMT)

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