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Showing 1871 - 1880 of 3516 results for "compliance"

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
... allege the bank failed to keep shareholders up to date while making "misleading and deceptive" statements about its compliance. Last week CBA was hit with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. ...

Former Challenger executive joins HUB24

KARREN VERGARA  |  WEDNESDAY, 20 DEC 2017
... director, replacing Vaughan Webber who will retire as a non-executive director and chair of the platform's Audit, Risk and Compliance Committee. Rogan has worked in various executive financial services roles across MLC, NAB and Challenger Group. He was ...

Industry super fund names new chair

EMMA RAPAPORT  |  WEDNESDAY, 20 DEC 2017
... executive team, to oversee continuing strong performance for the benefit of all members." Related story: legalsuper hires compliance exec from Mercer Mander said legalsuper will continue its focus on helping members of Australia's legal community realise ...

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
... during the relevant period but had repaid their home loan before 2017. It engaged a third-party reviewer to ensure its compliance systems will prevent a similar error occurring in future. NAB said: "We sincerely apologise to our customers for this, which ...

CommInsure life insurance ads misleading: ASIC

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
... additional benefits of roughly $4 million for 32 claims. CommInsure has commissioned an external firm to conduct a compliance review of its advertising sign-off processes and procedures and will report to ASIC by 30 June 2018 of its results. It will ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
... instituted through AUSTRAC's ongoing investigation into CBA. "These allegations are very serious and reflect systemic non-compliance over approximately six years," Rose said. The maximum penalty for an individual contravention alleged in the amended ...

Former Challenger subsidiary chief joins SMSF fintech

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
... activities. NowInfinity is used by accounting, financial advice and super administration firms to help manage corporate compliance, document management and data integrity.

Government expert panel hands down proposed education standards for existing advisers

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2017
... must undertake an approved qualification before 1 January 2024; or complete an approved bridging course before the compliance date; or approach an approved education provider to make up those studies through individual unit study. While the authority ...

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

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
... appropriate." In its defence, CBA added it has spent more than $400 million on anti-money laundering and counter-terrorism compliance over the past eight years. "We will continue to invest heavily in our systems relating to financial crimes thereby supporting ...

Russell wins consulting mandate from $700m super fund

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
... placed to assist our superannuation client with additional investment-related needs such as stress testing and other compliance requirements as well as member communications." Earlier in the year, Russell won a major mandate from the Tasmanian Public ...