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Showing 1261 - 1270 of 4381 results for "Commonwealth"

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
... or distributed ledger solutions solving vast problems and inefficiencies in the marketplace. In October 2016, the Commonwealth Bank and Wells Fargo embarked on the first blockchain-based global trade transaction between two commercial banks. The transaction ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
The Commonwealth Bank is potentially facing millions of dollars in civil penalties following allegations it did not comply with anti-money laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal ...

Millennial disengagement dire for economy: FSC

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... were set up when the internet was in its infancy. Many haven't embraced digital. Those that have get rewarded. The Commonwealth Bank's Essential Super experienced a 37% increase in members via its digital channel last year, of which almost 90% were aged ...

ASIC advances towards telecommunication intercept powers

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... corporations offences, including information obtained from telecommunications interception warrants. Under current commonwealth legislation, the regulator cannot seek a warrant to obtain or receive intercept material when investigating serious contraventions ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
... Group from May 2015 to December 2015, prior to which he represented the now-defunct Genesys Wealth Advisers and the Commonwealth Bank's Financial Wisdom network. ASIC decided Atkins failed to act in the best interests of the clients as he had not identified ...

Industry fund makes social impact investment

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
... and will see the super fund enter into a partnership with Glenview - a not-for-profit aged care provider, and the Commonwealth Government. HESTA chief executive Debby Blakey said the investment represents a fantastic example of collaboration achievable ...

Midwinter recruits to strengthen cyber security strategy

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
... assist in launching its new service providing cyber health checks to financial advisers and accountants. Joining from Commonwealth Bank, Edward Li will be responsible for designing and rolling out the initial go-to market offering of Midwinter's new ...

Vamos returns as governance firm chief executive

ALEX BURKE  |  MONDAY, 10 JUL 2017
... investors. From today, Vamos will take the helm at Regnan, which is jointly owned by BT Investment Management and the Commonwealth Superannuation Corporation. She said she was looking forward to "the opportunity to make a meaningful contribution to wealth ...

ASX appoints new senior executive

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2017
The current chief information officer for the Commonwealth Bank's Commsec and Private Bank will join the executive lineup of the ASX in September. Dan Chesterman has been appointed as the ASX's new chief information officer, reporting to chief operating ...

Banks continue campaign to discredit SA bank tax

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2017
... Australian Government. The state opposition in South Australia vowed yesterday to oppose the tax, which was welcomed by Commonwealth Bank chief executive Ian Narev. "The decision by the SA Opposition to block the bank tax shows a willingness to listen ...