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Showing 71 - 80 of 137 results for "Terrorism"

Proceedings filed against CBA in Federal Court

ALEX BURKE  |  MONDAY, 9 OCT 2017
... reported in Financial Standard, the class action concerns CBA's alleged breaches of anti-money laundering and counter terrorism financing laws, which corresponded with a significant share price drop. In a statement, Maurice Blackburn said the fact proceedings ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased shares between 17 August 2015 to 3 August 2017 ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... sector, she said in a statement. But not even the serious allegations of breaches of anti-money laundering and anti-terrorism funding laws by Australia's largest bank are enough to convince the Prime Minister Malcolm Turnbull to establish a Royal Commission ...

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. CBA acknowledged these proceedings in its results, with chair Catherine Livingstone saying CBA's board ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
... initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 more than 53,000 times. The allegations include that CBA was late to report IDMs were potentially being ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... millions of dollars in civil penalties following allegations it did not comply with anti-money laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal Court proceedings against the bank, alleging ...

ASIC boosts support for regtech

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2017
... 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 shows regulators are a lot more open to how technology can solve problems. ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
... agency AUSTRAC is releasing a guide to help financial advisers combat serious financial crimes, including financing for terrorism. The guide follows on from the report AUSTRAC released in December last year which determined there is a medium risk for ...

Still unsure about POTUS 45

BENJAMIN ONG  |  MONDAY, 23 JAN 2017
... interests first. We will reinforce old alliances and form new ones - and unite the civilised world against radical Islamic terrorism, which we will eradicate completely from the face of the earth." And of course...these rallying cries: "Together, We ...

No deal is better than bad deal on Brexit

BENJAMIN ONG  |  WEDNESDAY, 18 JAN 2017
... agreements with other countries 10. The best place for science and innovation 11. Cooperation in the fight against crime and terrorism 12. A smooth, orderly Brexit "But there is one further objective we are setting. For as I have said before - it is ...