The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Whistle blown on NAB relationship with auditors – 2 August 2019
National Australia Bank chairman Ken Henry and other executives last year told NAB’s auditor Ernst and Young, about serious shortcomings in risk management, yet the auditor did not include these details and other points of concern in its draft report. Labor MP Deborah O’Neill responded to the revelations by calling for a parliamentary inquiry into the relationship between the big banks and the nation’s largest accounting firms.
BNZ struggled to abide by anti-money laundering laws – 2 August 2019
Leaked documents have revealed that the Bank of New Zealand has struggled to comply with laws meant to prevent criminals and terrorists laundering money through its accounts.
https://www.stuff.co.nz/business/114664719/bnz-struggled-to-abide-by-antimoney-laundering-laws
Work needed to prevent online fraud, AIC says – 2 August 2019
The Australian Institute of Criminology and the Australian Competition and Consumer Commission have got together to research the factors that make people vulnerable to consumer fraud. The article details reasons for online fraud, the possible solutions and initiatives that should be introduced in Australia.
https://www.themandarin.com.au/112935-work-needed-to-prevent-online-fraud-aic-says/
The technology that sent a million to internment camps is being used here – 29 July 2019
Facial recognition digital technology that will have the ability to link CCTV cameras nationwide with all citizens, has been approved for use in Australia. This is despite it being a highly flawed method of identifying people has unsuccessfully been trialed at the Commonwealth Games and takes away our rights to privacy.
