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

Search Results

Showing 1 - 10 of 203 results for "Money Laundering"

US private credit firm swoops in to save Star

ELIZA BAVIN  |  MONDAY, 30 MAR 2026
... two former senior executives of Star breached their duties in relation to the handling of risks associated with money laundering and criminal activity, in a case brought by ASIC. The court found Star's former chief executive Matthias Bekier and former ...

Binance Australia to pay $10m over deliberate customer misclassifications

MATTHEW WAI  |  MONDAY, 30 MAR 2026
... Reports and Analysis Centre (AUSTRAC) also directed Binance Australia to appoint an external auditor over its anti-money laundering and counter terrorism financing controls. Binance told Financial Standard it has ceased its derivatives business and voluntarily ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
... two former senior executives of Star breached their duties in relation to the handling of risks associated with money laundering and criminal activity. The court found Star's former chief executive Matthias Bekier and former chief legal and risk ...

Hiring for risk, member services to take off

JAMIE WILLIAMSON  |  THURSDAY, 29 JAN 2026
... services broadly, the recruitment firm said, while Line 1 risk and collaboration with Line 1 compliance and anti-money laundering teams will be important criteria for hiring as well, it said. Also crucial will be specific skill sets around artificial ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
... that employers are favouring candidates with APRA and ASIC experience, and expertise in financial crime, anti-money laundering and fraud prevention. "Following the collapse of the Shield and First Guardian funds, Australia's financial services sector ...

Advisers may be caught by new AML/CTF reforms: Expert

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
Although financial advice is not part of the group that will fall under the upcoming anti-money laundering/counter-terrorism financing (AML/CTF) reform, an expert told the Financial Advice Association Australia (FAAA) Congress advisers may be caught ...

FAAA launches digital client identification tool

KARREN VERGARA  |  WEDNESDAY, 19 NOV 2025
... will launch a digital client identification tool to assist advisers identify and verify their clients for anti-money laundering and counter-terrorism financing (AML/CTF) purposes. FAAA SafeID, an end-to-end client identification and verification platform ...

Money laundering to become greater issue for super: AUSTRAC

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
... deputy chief executive, regulation Katie Miller said superannuation trustees will likely encounter more issues of money laundering as a greater number of their members reach retirement. Miller said that while money laundering has primarily been an issue ...

Majority reject crypto investments in super fund: Swyftx

MATTHEW WAI  |  THURSDAY, 6 NOV 2025
... kind of exposure to crypto," Titman said. Further, in the wake of the collapse of FTX and risks associated with money laundering, security failures, and investment scams, the report found that the net lack of trust in digital currencies has risen to ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... that cannot be taken for granted," he says. From online verification of citizens from other countries to anti-money laundering to KYCs and Politically Exposed Persons (PEP) - technology has been an enabler for the most challenging and tedious compliance ...
PREVIOUS
NEXT