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Showing 131 - 140 of 146 results for %22Anti Money Laundering%22

Pentafin joins personal super crowd

RUTH LIEW  |  FRIDAY, 13 JUN 2008
... reporting and a suite of operation reports. The product also complies with July 2007 simplified superannuation changes and anti-money laundering legislation. McKeage said the launch forms an important segment of Pentafin's super and post retirement product ...

Liechtenstein blocks AML

RUTH LIEW  |  THURSDAY, 6 MAR 2008
... principality of Liechtenstein, famous for its status as a global tax and investment haven, still poses a threat to international anti-money laundering efforts, a new International Monetary Fund report reveals. Liechtenstein's financial sector primarily ...

Members require ID checks

MICHAEL HOBBS  |  THURSDAY, 13 DEC 2007
... may need to provide additional identification before they can receive their fund benefits, following the implementation of anti-money laundering (AML) legislation. The AML legislation, which became effective yesterday, requires superannuation funds to ...

Fundies find a loophole in money laundering law

WWW.THESHEET.COM  |  WEDNESDAY, 12 DEC 2007
On the eve of the implementation of the most significant provision of the Anti-Money Laundering and Counter-Terrorism Financing Act, the regulator Austrac has conceded that there is a big loophole in the law. Austrac issued a statement yesterday, saying ...

HESTA appoints five

... relating to HESTA's AFSL and RSE licence. Doust will also be responsible for some new risk management practices on the new Anti-Money Laundering and Counter Terrorism legislation. Meanwhile, two new client relationship managers have also been appointed ...

No bank is ready for AML

WWW.THESHEET.COM  |  FRIDAY, 15 JUN 2007
The gaming sector is well ahead of financial institutions in adapting to the new anti money laundering and counter-terrorism financing laws according to a survey conducted by Pricewaterhouse Coopers in March. The survey also revealed that 90 percent ...

AML to redefine dealings with currency clients

ALEX DUNNIN  |  WEDNESDAY, 28 MAR 2007
The looming anti-money laundering (AML) legislation will redefine how service providers deal with clients and their currency transactions and planning for how they should implement the new provisions needs to begin now. The most profound impact will ...

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 ...

Wealth managers will have difficulty with AML

WWW.THESHEET.COM.AU  |  FRIDAY, 1 DEC 2006
The financial services organisations that will struggle most with the introduction of anti-money laundering programs are those that may otherwise be least affected by it - the life companies and investment managers in the wealth management sector. Steve ...

SimCorp starting to make its mark downunder

ALEX DUNNIN  |  FRIDAY, 14 JUL 2006
... the portfolio administration platform market. Fuelling this even further are recent government announcements regarding the anti-money laundering legislation, driven largely by the need for Australia institutions to improve their security management protocols ...