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Showing 121 - 130 of 407 results for "remediation"

NAB adds to wealth client remediation

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
National Australia Bank has added to its existing $2 billion bill for customer remediation, upping its provisions for wealth clients ahead of its full year results. The bank has increased its provisions for customer remediation to $266 million after ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... the firm is accelerating the business transformation, and continuing to mitigate legacy issues including the client remediation program which is on track to finalise in 2021. "Our portfolio review, announced in this quarter, is progressing in parallel ...

APRA reduces ERS reporting for funds

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... potential value of near misses. In addition, they will need o provide commentary on the date of occurrence, causes, remediation/recovery activities and timeframes for systematic incidents, material incidents and near misses. Super funds will also need ...

QIC strengthens sustainability leadership

JAMIE WILLIAMSON  |  TUESDAY, 13 OCT 2020
... and environment manager at Transurban Group. Schulz also spent over three years at ExxonMobil, working in its global remediation team and as an onshore environment manager. She began her career at Beveridge Williams where she was an environmental geologist. ...

MLC Wealth general manager jumps to Ashurst

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
The former general manager of regulatory change and remediation at MLC Wealth has moved to law firm Ashurst. Chris Baker spent more than 12 years with National Australia Bank and MLC in various leadership roles and was general manager, regulatory change ...

ANZ fined $10m

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... fees and continued to charge them to the affected customers until September 2015. ANZ admitted that by not making remediation payments it had engaged in unconscionable conduct on two occasions, breached its general obligation to comply with financial ...

BOQ expects to back pay $11m in SG

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
... and the Financial Services Union of the errors, and engaged external third parties to assist with the analysis and remediation process. The FSU raised concerns with the bank about unpaid superannuation 18 months ago. While that issue was resolved, the ...

VFMC adds to leadership team

JAMIE WILLIAMSON  |  THURSDAY, 24 SEP 2020
... investment management, and joins from Latitude Financial where she served as general manager, transformation, conduct and remediation for the past seven months. Prior to that, she worked at ANZ, leading the ANZ Group Services business and the group's ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... have reviewed our IFTI reporting systems and controls and have worked with an independent consultant to develop a remediation plan to address the issue," It also said there was no business or financial impact to its clients. In the past, AUSTRAC has ...

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... systemic failures that led to the disaster at Juukan Gorge." "Rio Tinto now has the opportunity to address the necessary remediation, cultural heritage and risk processes with fresh eyes." Davidson called on Rio Tinto to prioritise working with traditional ...