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Showing 41 - 50 of 64 results for "AML"

ASIC boosts support for regtech

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2017
... want to send regulatory bodies is to reduce the amount of red tape and pace of change (62%). Anthony Quinn, co-founder of AML Accelerate - a regtech combatting anti-money laundering and counter-terrorism financing - said the move by ASIC and other bodies ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
... AUSTRAC's original report, saying: "The recent AUSTRAC report has served as an important reminder to financial planners of the AML/CTF risks they face in their businesses. This new guide provides a useful and easy reference tool for planners to keep ...

Asia-Pacific comes out on top in unlisted real estate

ALEX BURKE  |  THURSDAY, 12 JAN 2017
Unlisted real estate funds in the Asia-Pacific region, and Australia in particular, performed strongly against their US and European peers towards the end of 2016. According to the Global Real Estate Fund Index, Asia-Pacific returned 2.94% in the third ...

Thomson Reuters partners with platform provider

JAMIE WILLIAMSON  |  TUESDAY, 23 AUG 2016
... institutions with the ability to manage transactional and reputational risk and now enables users to undertake anti-money laundering (AML), counter-terrorism financing (CTF) and politically-exposed people (PEP) due diligence via integration with Thomson ...

Further fintech reform on cards

DARREN SNYDER  |  TUESDAY, 22 MAR 2016
... platforms to use their discretion to cancel an investment for legitimate reasons; and reviewing Australian Market Licence (AML) requirements for crowd-funding intermediaries. The fintech statement complements the government's innovation statement released ...

Advisers should train to fight tax evasion: FPA

LAURA MILLAN  |  THURSDAY, 23 JAN 2014
... working on a submission paper that falls within the review of the Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF) 2006. "There is room for education and training for advisers on tax evasion and this needs to be done by AUSTRAC," De ...

ASX managed funds services gets ASIC nod

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
... currently consulting the industry with a view to amending a rule to allow product issuers to rely on the anti-money laundering (AML) checks done by brokers rather than having to duplicate this check again themselves under the AML/CTF Act. Submissions ...

ASIC backs down on custody whistleblowing requirements

JAMES FERNYHOUGH  |  FRIDAY, 22 NOV 2013
... of in relation to its client in the ordinary course of its business, including through anything detected via its existing AML/CTF Act program (governed by AUSTRAC)." ASIC determined that the requirements would apply only to the responsible entity, and ...

TAL launches 'world first' group insurance technology

JAMES FERNYHOUGH  |  MONDAY, 4 NOV 2013
... in accordance with the ACORD (Association for Cooperative Operations Research and Development) worldwide standard known as AML (ACORD Messaging Library). TAL Life chief executive Brett Clark said the technology would increase integrity and speed up the ...

Australian instos exposed to AML risks

ALEX DUNNIN  |  TUESDAY, 3 JUL 2012
Globalising investment and increasingly complex webs of counter-party relationships mean Australian institutional investors are more exposed to anti-money laundering risks than they realise. These risks don't just mean from organised crime, the usual ...