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Showing 361 - 370 of 1598 results for "Counter"

Microcap manipulators caught out

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... assistance of attorney Ashmit Patel orchestrated a number of fraudulent schemes. The group purchased shares in over-the-counter issuers through entities that they controlled, funded promotional campaigns recommending that investors buy the shares and ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia (RBA) deputy governor Guy Debelle address at the Australian Industry Group's (AiG) September 22 virtual conference sparked a second wave - a second wave of negative interest rate speculation, that is. It was last on the ...

MSCI launches UN SDG alignment tool

KARREN VERGARA  |  FRIDAY, 18 SEP 2020
MSCI has launched a tool that assesses companies' compatibility with the United Nations Sustainable Development Goals. The MSCI SDG Alignment Tool examines a company's operations, products, services, policies and practices, and determines its ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... 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 person who sends or receives an ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
Just in time for the Southern Hemisphere spring season, latest surveys showed both business and consumer confidence in Australia springing back up. The NAB business confidence index improved to a reading of -8 points in August from -14 in the previous ...

Demand for advice rises

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
The number of Australians seeking financial advice has doubled from five years ago, a new report finds. According to Investment Trends, 2.6 million non-advised Australians want the services of a financial planner over the next two years. This demand ...

Female fund managers outperform men

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
Funds managed by female portfolio managers are outperforming those managed by men amid the pandemic-induced market turbulence, according to Goldman Sachs research. Some 43% of female-managed funds have outperformed their benchmark year to date, compared ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... erodes the country's export competitiveness and puts downward pressure on domestic inflation, prompting it into a counter action. Forecasting currency direction in quite times is difficult. Forecasting during periods of uncertainty is even more difficult. ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... announced the corporate watchdog will not be taking any action against the bank nor its directors over a money laundering and counter-terrorism scandal identified by AUSTRAC three years ago. In an ASX announcement, CBA told investors that ASIC had concluded ...