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

Search Results

Showing 41 - 50 of 318 results for "Crime"

Fraudsters jailed over international crypto scam

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2023
... jailed in the UK over a $37 million fraud carried out on an Australian cryptocurrency exchange five years ago. The UK's Crime Prosecution Service (CPS) said Stephen William Boys, Kelly Caton, Jordan Kane Robinson and James Austin-Beddoes were sentenced ...

Apex Group brings Global Compliance Solutions to Australia

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
... Compliance Solutions in the Australian market will help to address clients' risks and concerns around ESG, AML, and financial crime for financial services entities, as well as deliver compliance advisory support for superannuation funds, Apex Group said. ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
The government is proposing changes to the Telecommunications Regulations 2021 following the Optus breach that will impact how APRA-regulated entities respond to cybersecurity incidents and risks. Changes from the government are expected to provide ...

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... utility or network to share consumer data. Commenting on the results, LexisNexis Risk Solutions vice president, financial crime compliance Leslie Bailey said that financial institutions have clear responsibilities to verify customer identities and ensure ...

Charges laid against former BBY head of operations

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
Former BBY Limited head of operations Fiona Mae Bilton has been charged with three counts of dishonestly obtaining a financial advantage. Bilton was found to have deceived St George Bank on 115 separate occasions between June 2013 and May 2015. The ...

Perth Mint faces AUSTRAC probe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
The Perth Mint is the subject of an AUSTRAC investigation into compliance with anti-money laundering laws. The financial crimes regulator has ordered the appointment of an external auditor to Gold Corporation, which trades as The Perth Mint, to assess ...

FICAP raises over $120k for charity

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... and young people effected by the criminal justice system. "Children with a parent in prison are the invisible victims of crime. They experience significant psychological and emotional trauma, isolation, bullying, poverty, homelessness and fragmentation ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
KPMG has flagged ESG, tax governance, financial crime, adaptive investment operations and regulatory risks as some of its key considerations for the super sector in 2022. According to KPMG's latest Super Insights 2022 report, last year climate change ...

Akambo grows leadership team

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
Akambo Financial Group has appointed Michael Happell as its non-executive chair and Kevin White as non-executive director to the board of its holding company. The integrated financial services business recently merged with the well-established wealth ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... new study has shown that Australian financial service companies are expected to spend more than $3.6 billion on financial crime compliance in 2022. Yesterday LexisNexis Risk Solutions released the first Australian edition of its true cost of compliance ...