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Showing 191 - 200 of 204 results for "Money Laundering"

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 ...

Email scams on ASIC hitlist

... lottery scams, to fake investment schemes, bogus medical cons, to the Nigerian letters, to fake employment and money laundering schemes, to identity theft," said Greg Tanzer, ASIC's executive director of consumer protection. The regulator said that the ...

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
... 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 to bring ...

Industry gives new AML/CTF Bill the nod

KATE HAGE  |  FRIDAY, 14 JUL 2006
The Federal Government has released a revised version of the draft Anti-Money Laundering and Counter Terrorism Financing Bill (AML/CTF) which has been cautiously welcomed by key industry groups who are pushing for a three year transition time. The changes ...

Ten days or less to act on requests: ASFA

... will need to be incorporated into a fund's compliance practices in order to satisfy requirements in the Anti-Money Laundering and Counter-Terrorism Financing draft legislation.

Kingsway Taitz launches new locally based hedge fund administrator

... Taitz said the Kingsway Taitz team see themselves as an extension of the fund manager, providing accounting, anti-money laundering, corporate secretarial, fee calculation,, net asset value and unit price calculation, investor relation,, and treasury ...

ABA counters international non-compliance findings

... Australian Banker's Association (ABA) has spoken out after a report claims Australia is not compliant with anti-money laundering (AML) and counter-terrorist financing (CTF) proposals. The ABA has conceded that it is not surprised by the findings, which ...

Online customer checking tool launched by Deloitte

Responding to the need to protect institutions and consumers from identity theft and money laundering fraud, Deloitte has launched a compliance tool that enables customer identities to be quickly checked. The system, known as the Deloitte AMLcheck ...