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Westpac Banking Corp 6-K, filed Apr 8, 2021

Westpac Banking Corp (WEBNF)

6-K 2021-04-08 For: 2021-04-08
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Added on April 06, 2026

About this 6-K

Westpac Banking Corp filed this 6-K on April 8, 2021.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

April 8, 2021


Commission FileNumber 1-10167

WESTPAC BANKING CORPORATION

(Translation of registrant’s name into English)

275 KENT STREET, SYDNEY, NEW SOUTH WALES 2000, AUSTRALIA

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F.

Form 20-F         x              Form 40-F         ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Index to Exhibits

Exhibit No. Description
1 ASX Release – ASIC commences civil proceedings in relation to the sale of consumer credit insurance

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

WESTPAC BANKING CORPORATION
(Registrant)
Date: April 8, 2021 By: /s/ Yvette Adiguzel
Yvette Adiguzel
Tier One Attorney

Exhibit 1

ASX Level 18, 275 Kent Street Sydney, NSW, 2000 Release 8 April 2021 ASIC commences civil proceedings in relation to the sale of consumer credit insurance Westpac acknowledges the proceedings announced by ASIC today in relation to the sale of consumer credit insurance (CCI) products to approximately 384 customers. The proceedings relate to allegations that Westpac supplied CCI to certain customers who had not requested or agreed to acquire this product. ASIC is seeking, among other things, declarations of contraventions of certain civil penalty provisions and unspecified monetary penalties relating to the period from 7 April 2015 to 28 July 2015. Westpac is carefully considering these claims and is committed to working constructively with ASIC through the Court process. Westpac has not sold CCI products since 2019. - ENDS - For furtherinformation: Lisa Parrett Andrew Bowden Media Relations Head of Investor Relations 0432 933 796 0438 284 863 This document has been authorised for release by Tim Hartin, General Manager & Company Secretary.