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Showing 241 - 250 of 976 results for "Agency"

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... $1.25 million fine by AUSTRAC for allegedly breaching 99 times its obligation to report international transfers to the agency under Anti-Money Laundering and Counter-Terrorism Financing laws. Under the law (section 45 (2) of the AML/CTF Act 2006), any ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... continue building on our constructive relationship with APRA, and have a strong appreciation for the complementary roles each agency plays in ensuring a competitive and stable financial services industry," he said. "This MoU will allow the ACCC and APRA ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... down this year to date - WTI oil by 35.1% and Brent by 38.0%. This is because as Keisuke Sadamori, International Energy Agency (IEA) director for energy markets and security, puts it, the oil market outlook remains in the middle of either a second wave ...

Adviser demands answers from Media Super

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... escalated its processes to push her payments ahead - something that is very rare in Centrelink claims, given the volume the agency deals with. "I think it's really hard to communicate what it really is like unless you have dealt with someone who ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... also amended tax secrecy provisions to allow a taxation officer to disclose information to another Australian government agency which relates to COVID-19. This will enable the ATO to share certain JobKeeper payment information with Commonwealth, state ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... 2006 more than 53,000 times, after it failed to report cash transactions worth $625 million to the financial intelligence agency. AUSTRAC slapped the bank with an additional 100 allegations just three months later, with CBA denying the majority of the ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... it would be appropriate over coming months for the Federal Reserve to increase its holdings of Treasury securities and agency residential mortgage-backed securities (RMBS) and CMBS at least at the current pace." "Noting the increase in uncertainty about ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... increase in cases of identity theft. The ACCC's national scam awareness week this year is focussed on identity theft, with the agency saying they've seen a huge uptick in scams taking advantage of people during the COVID-19 pandemic. ACCC deputy chair ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... men have already been sentenced as part of the investigation. The ATO-led Serious Financial Crime Taskforce is a multi-agency taskforce allowing investigators to investigate matters thoroughly through data-matching capability and international and domestic ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... the price of oil. But don't take my word for it. In its August 'Oil Market Report', the International Energy Agency (IEA) downgraded its 2020 oil demand forecast by 8.1 million barrels per day (mpd) and revising lower its 2020 prediction ...