- Australian Securities and Investments Commission v Westpac Banking Corporation (No 2)  FCA 751
- Davaria Pty Ltd v 7-Eleven Stores Pty Ltd  FCA 760
- Akiba on behalf of the Torres Strait Regional Sea Claim v State of Queensland  FCA 772
ASIC’s ‘BBSW’ case against Westpac
In Australian Securities and Investments Commission v Westpac Banking Corporation (No 2)  FCA 751 (24 May 2018) Beach J gave his reasons for judgment on the liability phase of the contested trial between the regulator (‘ASIC’) and Westpac Banking Corporation (‘Westpac’).
The case concerned Westpac’s trading over the period 6 April 2010 to 6 June 2012 in ‘Prime Bank Bills’ in the ‘Bank Bill Market’ allegedly to influence the setting of the Bank Bill Swap Reference Rate (‘BBSW’) (all terms defined in the extensive glossary at the end of the judgment).