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‘Economic self harm’: Morrison cautions against bank break-ups – 20 April 2018
The government has proposed increasing the highest-penalty criminal offences under the Corporations Act to 10 years for individuals and the greater of a $945,000 fine or three times the benefits gained. Financial services companies would face maximum fines of $210 million, with their annual turnover stripped by 10 per cent under the proposed penalty laws.
Two executives leave security firm over ‘Toni Two Guns’ bribery scandal – 19 April 2018
Two senior executives have resigned from one of Australia’s largest security companies after an investigation into alleged bribes for contracts going to a rival business owned by underworld associate Santo “Toni Two Guns” Celona.
Commonwealth Games facial recognition software to stay, but when will it be used? The Queensland Government won’t say – 19 April 2018
Civil liberties campaigners say the Government’s refusal to say what the plans are for the software in the future amounts to a disturbing development in mass surveillance.
Cryptocurrency traders at centre of major investigation into Bitcoin fraud, privacy and money laundering – 18 April 2018
The New York Attorney General has launched probes into 13 major cryptocurrency exchanges. He wants more information about their general operations, personnel, and policies around privacy, fraud and money laundering.
https://www.thesun.co.uk/money/6078417/cryptocurrency-bitcoin-fraud-privacy/