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NAB Concludes Enforceable Undertaking with AUSTRAC

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NAB Concludes Enforceable Undertaking with AUSTRAC

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National Australia Bank Limited ( (AU:NAB) ) just unveiled an update.

National Australia Bank Limited (NAB) has successfully concluded an Enforceable Undertaking with AUSTRAC, initially agreed upon in April 2022, to improve compliance with anti-money laundering and counter-terrorism financing laws. The finalization of this undertaking signifies NAB’s commitment to enhancing its financial crime management practices, with further recommendations from an external auditor being adopted to strengthen its operations and safeguard stakeholders.

The most recent analyst rating on (AU:NAB) stock is a Buy with a A$34.80 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.

More about National Australia Bank Limited

National Australia Bank Limited (NAB) operates in the financial services industry, offering a range of banking and financial products and services. It focuses on providing solutions for personal, business, and corporate banking needs, with a strong emphasis on compliance and security in financial transactions.

Average Trading Volume: 4,533,457

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$113.6B

For detailed information about NAB stock, go to TipRanks’ Stock Analysis page.

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