Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 346 results for "Crime"

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
As HESTA and Vision Super move to divest members' money from Israeli bonds and shares, other superannuation funds' ethical options continue to overlook human rights abuses. HESTA confirmed the move, saying that as part of its investment strategy ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... tradeoff of the quality of service and things like the proper level of investment in cybersecurity and protection against crime and so on. So, it is a balance," she says. "Trustees have an obligation to ensure they're always acting in the best financial ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... includes a cybersecurity toolkit to bring together the super sector in combating the growing threat of cyber and financial crime. It has also partnered with JANA Investment Advisers to lead a "cross-industry" collaboration to update industry guidance ...

Cbus welcomes new head of risk transformation

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
... transformation programs. Prior to taking on her new role, Burns spent more than 20 years at ANZ most recently as head of financial crime transformation in the Australian retail and commercial divisions. Cbus chief risk officer Martha Georgiou said: "We're ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... scales. "All digital currency operators need to ensure they are complying with Australian law and limiting their exposure to crime." He added that AUSTRAC's National Risk Assessment 2024 highlighted the increasing vulnerability of digital currencies ...

Four men charged over sophisticated bond scam

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
... "directly involved" in operating the investment scam, the four allegedly dealt with victim funds which were the proceeds of crime and were "reckless as to whether those funds were proceeds of crime." ASIC believes those funds were deposited into various ...

Guilty plea entered in Ponzi scheme case

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
... and AFSL and duped investors out of nearly $2 million has pleaded guilty to dishonest conduct and dealing with proceeds of crime. Ashley Arandez pleaded guilty to dishonest conduct, unlicensed conduct, and dealing with proceeds of crime between September ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... businesses. On 27 June 2024, Beresford pleaded guilty in the County Court of Victoria to false document and proceeds of crime offences and was sentenced to 85 days imprisonment and a 30-month Community Corrections order. ASIC said it worked closely with ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... tradeoff of the quality of service and things like the proper level of investment in cyber security and protection against crime and so on. So, it is a balance." McCarthy Hockey said that "recent events have helped very much emphasise that there isn't ...

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... Stuart, Emma Summer and Syed Yusuf pleaded guilty to conspiracy to commit market rigging and dealing with the proceeds of crime. Quinlan, Stuart and Summer were involved in the conspiracy between about 28 August 2021 and about 22 September 2021, while ...