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Showing 161 - 170 of 351 results for "Crime"

AMP hires head of whistleblowing

ELIZABETH MCARTHUR  |  MONDAY, 2 SEP 2019
... incidents, issues and breaches information more effectively and upgraded technologies to identify and prevent financial crime. AMP has also introduced new risk processes to manage interactions with regulators and provide more comprehensive regulatory ...

Former financial adviser jailed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
A former financial adviser who used $5 million in client funds to prop up his own business, pay off his credit cards and gamble has been jailed. James Gibbs was convicted of theft and dishonesty offences committed when he was director of James Gibbs ...

Industry veterans recognised

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... and endowments. He also acts as director and chairman of finance, audit and risk for The Smith Family. HSBC's head of crime threat mitigation Paul Jevtovic was honoured for his service to financial crime enforcement and regulation. He was previously ...

Crypto scams bite UK

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
... and forex scam reports more than tripled in the last year, clearing 1800. According to the UK's national fraud and cyber-crime reporting centre, Action Fraud, on average victims were scammed out of more than £14,000 from crypto and forex scams over ...

Kyckr improves platform

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... firms. These products allow companies to verify the identities of their clients to prevent money laundering and financial crime. Kyckr has debuted a new mobile-responsive design which the company says is centred around client needs and behaviours. Firms ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... information security guidelines for the first time since 2013 and financial services entities are under pressure to prevent cyber-crime. The CPS 234 Information Security standard means that relevant entities need to have adequate measures in place to ...

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... APRA-regulated entities on how the financial services industry can improve information security and protect itself from cyber-crime. The regulatory authority has not updated its information security guidelines since 2013 and, acknowledging much has changed ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... Australian Taxation Office (ATO) will receive more than $182 million over four years from 2019-20 to extend the Serious Financial Crime Taskforce - one that "targets the most serious crimes that present the highest risk to Australia's tax and superannuation ...

Sydney fintech sells for $339m

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... in funds under management. Uniting Financial Services (UFS) will use Temenos' T24 core banking, analytics, financial crime mitigation and risk and compliance software to improve its operational efficiencies. The not-for-profit organisation provides ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
... 2019. A further $100 million will be set aside to cover the higher than expected costs of the bank's multi-year financial crime compliance program of action. This was launched after the AUSTRAC anti-money laundering penalty announced in June. The provision ...