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Showing 1241 - 1250 of 1356 results for "Audit"

AML to redefine dealings with currency clients

ALEX DUNNIN  |  WEDNESDAY, 28 MAR 2007
... international risk consulting group expert in AML best practice, said "AML rules began in the 1970s in the US to create an audit trail for law enforcement." It has since been extended through the Patriot Act that became law in the US shortly after the ...

Passive hedge fund investing in vogue

The Credit Suisse/Tremont Hedge Fund Index Tracker Fund attracted an impressive US$5 billion of investor money in the past two years, proof that more investors want hedge fund performance but at "index" fees. "While the [tracker] fund was set up in ...

TOWER adds two to its board

HAMISH MADDEN  |  WEDNESDAY, 20 DEC 2006
... fellow of the Financial Services Institute of Australia. He is a board member and chair of Redflex Holdings, chair of the Audit Committee of the Victorian Government's Department of Primary Industries and a member of the Audit Committee of the Department ...

Westpoint Recovery Fund still in pursuit

HAMISH MADDEN  |  MONDAY, 18 DEC 2006
... companies, including those that had resigned before ASIC pulled the plug on Westpoint. In addition we intend to pursue KPMG whose audit reports were relied on by many dealer groups in assessing the value of the guarantees offered by the various projects ...

Former Treasury head to be Westpac chairman

ALEX DUNNIN  |  FRIDAY, 15 DEC 2006
... and the Reserve Bank of Australia. He is currently the chairman of the risk management committee and a member of both the audit and nominations committees. "Mr Evans wealth of experience, both on the Westpac board and previously as the government's most ...

AUSTRAC's power to be checked

WWW.THESHEET.COM  |  WEDNESDAY, 6 DEC 2006
A Senate Committee report on the government's proposed anti-money laundering legislation has responded to finance industry concerns with recommendations for a longer implementation period and curbs on the power of AUSTRAC, the body that will administer ...

Liquidator gets 12 month suspension

Sydney liquidator Ronald Dean-Wilcocks has been suspended for 12 months from working as a liquidator after he failed to disclose conflicts of interest to his clients. Dean-Wilcocks challenged the suspension handed down in April this year but this was ...

Daily economic round-up

PETER BELL  |  MONDAY, 6 NOV 2006
... confidence in the economy. The Australian Tax Office has announced that it will increase the number of its staff involved in audit exercises of those with assets of more than $30 million by 90 to take the total to about 200 for the present financial ...

Former Zurich CFO banned by APRA

HAMISH MADDEN  |  THURSDAY, 2 NOV 2006
The Australian Prudential Regulation Authority (APRA) has disqualified the former Zurich Australian Insurance Limited (ZAIL) chief financial officer for his role in deliberately overstating the company's financial position. John Stanbridge was chief ...

Audits pinching corporate funds: Trust

KATE HAGE  |  TUESDAY, 10 OCT 2006
... to stand alone trustees as they try to keep up-to-date with the latest legislative requirements such as risk management audit certificates. There are also concerns about options available should these certificates be qualified." According to Bolton ...