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Showing 121 - 130 of 313 results for "Defence"

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
... CBA said it will review the amended statement of claim and update the market as appropriate. "We will file an amended defence in due course," the bank stated. CBA also re-stated its position that it takes its AML/CTF obligations extremely seriously ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
... contraventions." "If an amended claim is served on us, we expect the court would set a timetable for CBA to file an amended defence. We will provide market updates as appropriate." In its defence, CBA added it has spent more than $400 million on anti-money ...

Former NAB risk committee chair joins Wingate

ALEX BURKE  |  MONDAY, 6 NOV 2017
... of ANZ in New Zealand and chief executive of State Bank of Victoria. He was the chair of Foxtel and the Department of Defence's defence audit and risk committee, and has held directorships at Rothschild, The Seven Network, Bluescope Stel and IBM Australia. ...

Financial services firms eye machine learning

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
... of machine learning will be a "huge area of development" over the next one to two years, particularly in cyber-security defence, Lane told a recent BAE Systems and Australian British Chamber of Commerce event. Australia's financial services industry ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
... moderate to modest growth, a tight/tightening labour market but modest growth in wages and inflation. To quote former US Defence Secretary Donald Henry Rumsfeld, "these are known knowns." Aside from the reference to the disruptions caused by the hurricanes ...

Cyber training is advice value-add: AUSTRAC

DARREN SNYDER  |  THURSDAY, 12 OCT 2017
... hackers at every corner. He said Colonial First State receives more attempted cybercrime attacks then it would like but its defence systems are well trained and able to identify problems relatively quickly. "In terms of numbers, we have dedicated operational ...

Kokoda revisited: The AFA journey

DARREN SNYDER  |  TUESDAY, 10 OCT 2017
... the AFA Foundation's 10th anniversary celebrations. It partnered with Norgay Freeman to take a group of AFA members and defence force veterans on the Kokoda Trail. The group connected with Legacy Australia in Papua New Guinea, which includes children ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... bank undertakes a review of its life insurance business, CBA said. The bank also confirmed yesterday it will file its defence to the civil penalty proceedings initiated by AUSTRAC by December 15. AUSTRAC will file its response by 16 March 2018. CBA said ...

Small licensees are PI insurance compliant: ASIC

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
... authorised representatives and revenue of $2 million or less. It aimed to determine if the licensees were complying with defence costs, fraud and dishonesty requirements under Regulatory Guide 126. Only three licensees were found to be problematic in ...

Wage freeze

BENJAMIN ONG  |  THURSDAY, 17 AUG 2017
... employee jobs in the target population of employers are in scope of the WPIs, except the following: - Australian permanent defence force jobs - Non-salaried directors - Proprietors/partners of unincorporated businesses - Persons paid by commission only ...