by admin | Aug 20, 2019 | News & Analysis
ANZ and NAB are pushing back against regulatory proposals that would require them as credit licensees to collect and cross-check account and credit card statements, against statements of income, expenses and expenditure. They say there will be a raft of expensive IT...
by admin | Aug 19, 2019 | News & Analysis
Treasurer Josh Frydenberg has stepped up the pace on the implementation of the recommendations from the Hayne banking royal commission after researchers revealed Australians had lost $201 billion to financial misconduct by the banks. The research from the University...
by admin | Aug 19, 2019 | News & Analysis
A BIPOLAR man accused of defrauding betting giants and a bank of $3 million has had his bail conditions varied, to undergo treatment in hospital. Yianakis faces 67 fraud-related charges, including dishonestly obtaining financial advantage by deception, publishing...
by admin | Aug 19, 2019 | News & Analysis
Cryptocurrency threatens to erode the ability to trace and stop transactions linked to crime, terrorism, and corruption. A key feature is that cryptocurrency can often be traded with no centralised body tracking them, making them a viable conduit for money laundering,...
by admin | Aug 18, 2019 | News & Analysis
Researchers have expressed serious concerns about the state of forensic science in Australia and the reliability of materials presented as evidence in court. Forensic evidence being questioned includes firearms analysis, hair comparisons and some DNA samples presented...
by admin | Aug 17, 2019 | News & Analysis
The Indonesian anti-corruption agency has gone from strength to strength with over 1000 public officials being sentenced, since it began operations in 2004. Indonesia will surpass Australia on the corruption scale in the next 15 years as it cleanses itself. The Komisi...
