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Showing 31 - 40 of 343 results for "Crime"

Commonwealth Bank shakes up executive leadership team

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... Channel Islands and Isle of Man and previously served as chief operating officer for HSBC UK, where she oversaw financial crime operations, as well as the technology, operations, and fraud functions. Before that, she was a partner and managing director ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... launched an investigation in 2020 into her activities on the back of the Australian Taxation Office's Serious Financial Crime Taskforce (SFCT), which identified multiple Western Australians allegedly orchestrating a similar scam. The woman charged ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
The Association of Superannuation Funds of Australia (ASFA) has launched of the ASFA Financial Crime Protection Initiative (FCPI), a project designed to bolster the superannuation sector's defences against the growing threat of financial crime. In collaboration ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
The former director for Guevara Capital Access (GCA) and Online Trading Capital (OTC) has yesterday admitted he dishonestly obtained a financial advantage by deception in the Downing Centre District Court. Mark McCabe has pleaded guilty to three offences ...

TradingHub makes Australian debut

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
... role in risk management at the ASX and most recently the executive general manager of one of Commonwealth Bank's financial crime remediation unit. "David and Michael's vast financial, regulatory and technology experience will not only help the Australian ...

Former director sentenced for misappropriating investor funds

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
The former director of Reiwa-Capital has been sentenced to home detention after he was found guilty of misappropriating $440,000 of investors' funds, including gambling some of it. Russell Sandiford was sentenced to two years and eight months imprisonment ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... however, criticised Cbus for not taking action to remove these board members despite allegations of "thuggery, organised crime, and corruption." This includes claims that CFMEU NSW state secretary Darren Greenfield boasted to corrupt building firms that ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... manager Murray Furlong has also said that he's "deeply concerned" about the alleged conduct and commentary that organised crime has infiltrated parts of the CFMEU. He said that any alleged conduct involving repeated, opportunistic, or deliberate ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... engaged in criminal conduct would be expelled. Since then, reportedly over 20 members, some of which have ties to organised crime, have been stood down. Concerningly, the investigation found a CFMEU official allegedly bragged about his power to secure ...

Industry demands action to stop abusers claiming victims' super

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
The superannuation sector's biggest bodies are calling on the government to introduce legal reforms that would prevent family violence abusers from being able to access their victims' super. Existing laws permit abusers to claim an abuse victim's ...