Article outlines how ASIC and Westpac can’t agree on exactly which loans between Dec 2011 and March 2015 contravened the law, nor even concur on exactly what the law actually required. Also if charged, will the penalty be similar to the Commonwealth Bank’s $700 million money-laundering fine, instead of the the $35 million settlement Westpac has requested?
https://www.abc.net.au/news/2018-11-13/westpac-home-loan-asic-case-what-the-judgment-means/10492908
