Westpac Banking Corp 6-K, filed Feb 3, 2021
Westpac Banking Corp (WEBNF)
About this 6-K
Westpac Banking Corp filed this 6-K on February 3, 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
February3, 2021
CommissionFile Number 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 – High Court of Australia dismisses Westpac’s appeal |
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<br> CORPORATION | ||
|---|---|---|
| (Registrant) | ||
| Date: February 3, 2021 | By: | /s/ Yvette Adiguzel |
| --- | --- | --- |
| Yvette Adiguzel | ||
| Tier One Attorney |
Exhibit 1
ASX Release 3 February 2021High Court of Australia dismisses Westpac’s appealLevel 18, 275 Kent Street Sydney, NSW, 2000Westpac acknowledges today’s decision by the High Court of Australia which has dismissed Westpac’s appeal in relation to proceedings brought by ASIC about the provision of financial product advice.This decision relates to proceedings brought by ASIC in 2016 against Westpac Securities Administration Limited and BT Funds Management Limited. The appeal related to calls to 14 customers concerning the rollover of their external superannuation accounts.The High Court found that Westpac had provided “personal advice” on these calls and in doing so had breached certain provisions of the Corporations Act. The High Court's decision provides important guidance on the distinction between general and personal advice. The proceedings will now be remitted to the Federal Court of Australia for a hearing on penalties.- ENDS -For further information:Lisa Parrett Andrew Bowden Media Relations Investor Relations M. 0432 933 796 M. 0438 284 863ENDSThis document has been authorised for release by Tim Hartin, General Manager & Company Secretary.