by admin | Nov 28, 2019 | News & Analysis
AUSTRAC the Financial intelligence agency is investigating Westpac over 23 million alleged breaches of money laundering laws. According to AUSTRAC, Westpac allowed transfers of about $11 billion without proper scrutiny, including funds destined for child exploitation...
by admin | Nov 28, 2019 | News & Analysis
The new Crimes Legislation Amendment (Combatting Corporate Crime) Bill 2019 will hold companies liable for the foreign bribery activities of their employees unless they can demonstrate they had “adequate procedures” in place to minimise risks....
by admin | Nov 27, 2019 | News & Analysis
Article explains what you need to check before undertaking international money transfers to ensure money is secure. The first item is to ensure you are using a reputable provider....
by admin | Nov 27, 2019 | News & Analysis
The Australian Communications and Media Authority (ACMA) and the government jointly announced that Telcos will be required to share scam call data and to commit to series of actions designed to “verify, trace and block scam calls”....
by admin | Nov 27, 2019 | News & Analysis
The Federal Court has found that Dover Financial Advisers Pty Ltd (Dover) and Dover’s sole director Terrence McMaster misled and deceived clients in contravention of their legal obligations. It was found that their Protection policy actually stripped clients of...
by admin | Nov 26, 2019 | News & Analysis
Vanda Gould who was a former Sydney tax accountant was taken into custody after a District Court jury found him guilty of witness tampering in a court case that uncovered a $383 million international tax avoidance scheme....
