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Showing 351 - 360 of 789 results for "Financing"

Use 401k to pay student debts: US senator

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... For those with a Bachelor's degree, 62% graduated with some debt in 2017. Student loans are the most common means of financing education for Americans, 94% of those with education debt owed money on a student loan in 2017. About 82% of those with an ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... 23 million money laundering breaches by Westpac's international money transfer product LitePay, some relating to financing child exploitation in the Philippines and Southeast Asia. Byrnes said APRA is working closely with AUSTRAC and ASIC. "We are ...

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... AUSTRAC alleges, among other things, Westpac failed to appropriately assess the online money laundering and terrorism financing risks associated with the movement of money into and out of Australia through correspondent banking relationships. It also ...

Westpac halts short-term bonuses, culls Litepay

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... executive team as it deals with the fallout from its alleged breaches of anti-money laundering and counter terrorism financing laws. Announcing the bank's three-point response plan to the statement of claim launched by AUSTRAC last week, Westpac ...

Westpac faces 23 million breaches

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2019
... AUSTRAC alleges, among other things, Westpac failed to appropriately assess the online money laundering and terrorism financing risks associated with the movement of money into and out of Australia through correspondent banking relationships. "Westpac ...

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... global renewables transactions." He cited figures that since 2015 the bank has provided $33.6 billion in environmental financing to help address climate change and support the transition to a low carbon economy. In the report, NAB measures its ESG initiatives ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... AUSTRAC went after the firm, ordering an audit of its compliance with the Anti-Money Laundering and Counter Terrorism Financing Act (AML/CTF), with a final report due later this month. At the time Afterpay said it welcomed the opportunity to continue ...

AUSTRAC orders audit of PayPal

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... fines or even possible criminal prosecution if found to be in breach of the Anti-Money Laundering and Counter -Terrorism Financing Act 2006. AUSTRAC said it will work closely with the company during the process.

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... Axsesstoday team." "We look forward to supporting the company as it grows its capabilities and continues to deliver tailored financing solutions to meet the needs of Australian businesses." Axsesstoday's chief operating officer Konrad Pels said the sale ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
... of further slowing in the Chinese economy - retail sales, industrial production, fixed asset investment, total social financing, among others - have prompted the government unveil counter-cyclical measures. In addition to lowering its yuan fixing versus ...