'Astounding': CBA facing potential class action over Austrac scandal

By Clancy Yeates
Updated August 23 2017 - 3:28pm, first published 3:20pm
Generic Commonwealth Bank. Banking, CBA, ATM, Business. 18th April 2017. AFR photo Louie Douvis .
Generic Commonwealth Bank. Banking, CBA, ATM, Business. 18th April 2017. AFR photo Louie Douvis .

The Commonwealth Bank faces a potential investor class action over its disclosure of more than 53,000 alleged breaches of anti-money laundering laws, following a sharp fall in its share price when the scandal emerged earlier this month.

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