Two men walk past a Westpac bank branch in Sydney, Thursday, Sept. 24, 2020. Westpac, Australia's second-largest bank, agreed to pay a 1.3 billion Australian dollar ($919 million) fine for breaches of anti-money laundering and counterterrorism financing laws, the largest ever civil penalty in Australia, a financial crime regulator said. (AP Photo/Rick Rycroft)CANBERRA – Westpac, Australia’s second-largest bank, agreed to pay a 1.3 billion Australian dollar ($919 million) fine for breaches of anti-money laundering and counterterrorism financing laws, the largest ever civil penalty in Australia, a financial crime regulator said on Thursday. It will eclipse an AU$700 million ($495 million) settlement paid by the Commonwealth Bank of Australia, the nation’s biggest bank, in 2018 for similar but less extensive reporting failures. Attorney-General Christian Porter said the size of the proposed fine should serve as a wake-up call for the banking industry.