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

Search Results

Showing 81 - 90 of 259 results for "SWIFT"

Hume, Bragg address Blockchain Week

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
... sanctions. Some of the most nefarious actors in the world will benefit. This needs to be addressed. The removal of Russia from SWIFT and the sanctioning of the Russian Central Bank has given this issue fresh urgency," Bragg said. "While this has been ...

Can Russia use crypto to get around sanctions?

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
... Finance at UNSW Business School, explained that crypto can be used to get around sanctions. "The sanctions, specifically SWIFT, stop transactions through certain banks, meaning that payments for purchases cannot be settled. If the seller (Russia) accepts ...

Australia confirms economic sanctions against Russia

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
... the United Kingdom, Canada, and the United States. These measures include the removal of selected Russian banks from the SWIFT global payments messaging system. They also include restrictive measures to prevent the Russian Central Bank from using its ...

AMP divests infrastructure debt platform

ELIZABETH MCARTHUR  |  TUESDAY, 4 JAN 2022
... the transaction and are committed to ensuring clients' interests are protected," Johnson added. "We are working through a swift separation and transition to minimise disruption for clients and our demerger process." On completion, AMP's entire infrastructure ...

Climate science skills needed in financial services

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
As the COP26 summit continues, an industry body is calling on the need for greater climate science skills in the financial services industry. FINSIA believes without climate science skills, financial services organisations are at a great risk of negatively ...

Family office makes crypto play

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 OCT 2021
The Smorgon family office has taken a stake in a cryptocurrency investment platform. The Victor Smorgon Group (VSG) has taken an equity stake in crypto asset investment platform Zerocap. Zerocap has plans to be a significant full service advisory and ...

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
The Tax Practitioners Board has banned a Victoria-based tax agent for five years for dishonestly obtaining his registration and engaging in further misconduct. Srinivasarao Jakkampudi, sole director and supervising tax agent of Truecare Solutions, requested ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
ASIC has released more details on how financial advisers providing advice to retail clients can comply with the upcoming breach reporting law. Information sheet 259 Complying with the notify, investigate and remediate obligations sets out further guidance ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
The Australian Institute of Superannuation Trustees (AIST) is calling on Parliament to ensure abusive partners cannot hide their super from domestic violence victims. In a submission, AIST supported the proposed Treasury Laws Amendment (Measures for ...

Asendium launches swift SOA solution

KARREN VERGARA  |  FRIDAY, 28 MAY 2021
The fintech has officially launched a solution that slashes the time to generate a statement of advice from eight hours to two hours. Asendium is aiming to reduce three major bottlenecks for advisers: processes, people and fragmented systems. Asendium ...