May 15 (Reuters) - Westpac Banking Corp WBC.AX :
* FILES DEFENCE TO AUSTRAC FEDERAL COURT PROCEEDINGS
* WESTPAC AND AUSTRAC CONTINUE TO ENGAGE CONSTRUCTIVELY & ARE DISCUSSING A STATEMENT OF AGREED FACTS & ADMISSIONS
* ACCEPTS GRAVITY OF ISSUES RAISED BY AUSTRAC CLAIM & MADE LARGE NUMBER OF ADMISSIONS IN RESPONSE TO STATEMENT OF CLAIM
* FILED DEFENCE IN RELATION TO ALLEGED CONTRAVENTIONS OF OBLIGATIONS UNDER ANTI-MONEY LAUNDERING & COUNTER-TERRORISM FINANCING ACT
* IN RESPONSE TO AUSTRAC STATEMENT OF CLAIM, CO ADMITTED TO NON-REPORTING OF IFTIS & ASSOCIATED TRACING INFORMATION FAILURES
* IN RESPONSE TO STATEMENT OF CLAIM, CO ADMITTED TO RECORD KEEPING FAILURES
* IN RESPONSE TO STATEMENT OF CLAIM, CO ADMITTED TO ONGOING CUSTOMER DUE DILIGENCE FAILURES
* IN RESPONSE TO STATEMENT OF CLAIM, CO ADMITTED TO FAILURES ON SOME CORRESPONDENT BANKING OBLIGATIONS Further company coverage: WBC.AX