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Showing 91 - 100 of 343 results for "Crime"

UK bans crypto exchange Binance

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
... Binance put out a statement saying it had received a "letter of commendation" from the UK South East Regional Organised Crime Unit. The investigation in question related to the supply of Class A drugs via the dark web. "At Binance, we are proud to have ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... understand whether Australia is particularly attractive to international money laundering syndicates and the proceeds of foreign crime. The Senator is also seeking to clarify how AUSTRAC identifies emerging problems and addresses governance and risk-management ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... 'bad news is good news' view that prevailed a month ago. But if you read the BLS's report as diligently as a crime scene investigator, you'll find that underneath that the employment report is not as dreary as the headline numbers suggest. ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... closure rates that is concerning. AUSTRAC acknowledged that NAB has invested significantly in programs to combat financial crime but it doubts that the bank has the necessary systems and processes to do so. Since June 2017, NAB poured $800 million into ...

KPMG names risk consulting partners

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
... Kat Conner as risk, strategy & technology partner. de Wit was previously at Westpac where he was global head of financial crime transformation over two years and led the set-up, design and implementation of Westpac's strategic response to regulatory ...

JANA appoints head of sustainability

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... Asia Pacific and Europe, the Middle East and Africa.Prior to this, she was an investigator in enforcement and financial crime division of the UK's Financial Conduct Authority. "JANA has been steadily expanding our capabilities in the sustainability space ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
"Australia's economic recovery is now well underway and we must keep the momentum going... but, this pandemic is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... governance is underway following the AUSTRAC scandal and also orders from APRA. As a result, Westpac has doubled its financial crime operations team and added 100 roles in risk to improve risk management capability. Throughout the half, Westpac paid ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
... himself through widely distributed media releases. As recently as last month he insisted that ASIC was prosecuting him for a crime that was never committed and said that there was no misappropriation of funds and no fraud on his behalf. Although Mayfair ...

Insider trading forum busted

ELIZABETH MCARTHUR  |  FRIDAY, 19 MAR 2021
The Securities and Exchange Commission (SEC) has busted an internet forum where people were selling "insider tips" on listed companies. California man James Roland Jones was charged with perpetuating a fraudulent scheme to sell what he claimed were ...