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Showing 461 - 470 of 1598 results for "Counter"

Westpac faces 23 million breaches

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2019
Westpac is facing 23 million alleged breaches of anti-money laundering laws and counter terrorism laws. AUSTRAC has applied to the Federal Court seeking civil penalty orders against Westpac relating to "systematic" non-compliance with the Anti Money ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
ASIC said its current tally for remediation provisioning is now "well above" $10 billion, but only $660 million has been returned to 1.2 million consumers. Speaking at the FINSIA: The Regulators 2019 conference, ASIC deputy chair Karen Chester said ...

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
A debate is raging about what the Financial Advice Standards and Ethics Authority's Code of Ethics means for ESG investing and advising clients on ethical investment options, with FASEA chief executive Stephen Glenfield looking to clarify the issue. ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... sustainably at the target." Even better, and what could be the start of the adoption of JMK's (John Maynard Keynes) counter-cyclical prescription around the world - fiscal policy spending - the Conservative Party pledges government spending on infrastructure ...

Is EM an investor's saving grace?

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
With interest rates at record lows, Fidelity International believes investing in emerging markets may be the saving grace for many investors feeling the pinch. Speaking at the Fidelity Emerging Markets Adviser Forum in Sydney, Fidelity's cross asset ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... 3.8% versus the Japanese yen since this year's September low and the euro has gained 4% over the same period. This is counter-intuitive given the comparative monetary policy settings between the US and Japan and the Eurozone and Japan. However, it ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... reach 47th. In June 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 ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... and hopin' and wishin' and prayin' for a chosen steed to make it past the finish line in first place. Cross Counter is the odds-on favourite to take the Cup followed by Mer De Glace and Master Of Reality. Take your pick. My pick is for the ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... of even the limited deal both sides say they want to sign in the coming weeks." No doubt, Trump being Trump, expect a counter-attack that repeats the historical pattern of US-China trade negotiations since it began in 2018 - rhetoric from both sides ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
As Glum (of Gulliver's Travels fame) puts it; "We're doomed, we'll never make it!" Speculation that the Reserve Bank of Australia (RBA) may have to take the official cash rate to zero or even negative and/or start printing Australian dollars ...