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| | | ... expenditure, including marketing and sponsorships, will provide greater transparency on how trustees spend their members' money," she said. "The new data collection also brings more consistency in key definitions and will enable all stakeholders to make ... |
| | | | ... corporate trust business includes over 26,000 mandates across securities issuances, and US$62 billion in client deposits and money market funds, and 2000 employees. It advances Computershare's existing US and Canadian corporate trust business. The acquisition ... |
| | | | ... consequences," Fisher said. "There is no wage growth, no inflation but the cost of living has been skyrocketing. There is no money being paid on savings in the bank, which is untenable particularly for retirees." As a result, investors are engaging in ... |
| | | | ... stronger demand for robo-advice to help improve their financial wellbeing, a new survey finds. Software firm Oracle's Money and Machines 2021 report reveals that more consumers are shunning professional finance advisers, citing a lack of trust and ... |
| | | | ... and error. Hartzer resigned from Westpac after an AUSTRAC investigation found that the bank had failed to comply with anti-money laundering and counter-terrorism laws. "Because of the circumstances of my departure from Westpac - which I touch on briefly ... |
| | | | ... been trading insolvent since it began in November 2019 and was paying M Core noteholders distributions and redemptions with money raised from other M Core noteholders. During court proceedings, ASIC suggested this model was not far from a Ponzi scheme. ... |
| | | | ... to pay $3.3 million for contravening the ASIC Act in the BBSW saga. However, most recently ANZ was accused of paying hush money to a whistleblower regarding the BBSW scandal. |
| | | | ... said that while it holds its own concerns over the proposed reforms, the idea that retail super funds are taking members money as profit is not accurate. "Whilst the FSC has concerns about some design elements of the Your Future, Your Super reforms ... |
| | | | ... over the effectiveness of ASIC, AUSTRAC and other government agencies such as the Australian Border Force in combating anti-money laundering (AML) activities given so many incidents slip through the cracks. She pointed to the $500 million cocaine drug ... |
| | | | ... increasing," they said. "If we don't subscribe to the reporting service, we will see one line in the registry saying the money came via HUB24 but we won't be able to see who the underlying investor is. It certainly doesn't stop you from doing ... |
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