The bank and the regulator intend to jointly petition the Federal Court to approve the settlement. This case stands as one of the first worldwide where a financial institution has faced direct legal consequences specifically for its handling of scam-related vulnerabilities. While the bank has acknowledged the lapses, the final financial impact remains subject to judicial review. The proposed A$35 million figure, equivalent to approximately $24.59 million, reflects the severity with which the watchdog is treating the bank's internal safety measures.