ANZ Faces $160 Million Penalty for Regulatory Violations in Ongoing Series of Errors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 15 2025
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Source: Reuters
Record Fine for ANZ: Australian bank ANZ has agreed to pay a record A$240 million in fines due to systemic failures, including misleading the government in a bond deal and charging fees to deceased customers.
History of Penalties: ANZ has faced multiple fines over the years from the Australian Securities and Investments Commission (ASIC) for various infractions, including interest rate manipulation, customer income verification failures, and misleading customers about credit card fees.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
