The company said the new service model, with its aligned advice network, would mark a “new era for financial advice at AMP”.
Read moreCrown should lose gaming licence due to systemic compliance failures: laundering probe
Money laundering concerns have dominated the inquiry, which looked at the extent to which Crown failed to address its financial crime risks.
Read moreIMPACT ANALYSIS: ASIC drops criminal investigation into alleged “fees for no service” conduct by AMP
The Australian Securities and Investments Commission (ASIC) has finalised its criminal investigations into the alleged “fees for no service” conduct by AMP.
Read moreCryptocurrency taxation myths: time for a reality check
Cryptocurrency is no longer confined to the fringe of organised crime and tech companies. The age of ‘digital currency’ has well and truly arrived and many Australians have taken to investing in crypto. Tax myths abound and not surprisingly, regulators worldwide, including the ATO, are on the case.
Read moreTransaction monitoring must sit at heart of AML compliance, says top enforcement lawyer
Regulators will seek evidence of a nuanced and comprehensive transaction monitoring program when they undertake supervision and enforcement work.
Read moreFintech, regtech and the role of compliance survey for 2022
Financial services firms adopting new ways of working supported by emerging iterations of fintech, regtech and insurtech.
Read moreCryptos on the rise
The benefits and challenges of cryptos together with an overview of the regulatory landscape for cryptocurrencies such as bitcoin.
Read morePODCAST: Compliance considerations for antitrust enforcement
The Thomson Reuters Regulatory Intelligence podcast series “Compliance Clarified” covers a wide range of topics that are relevant to compliance officers in financial services firms. Antitrust enforcement actions against technology…
Read moreBLOG: APAC regional spotlight from Cost of Compliance 2021: shaping the future
Thomson Reuters Regulatory Intelligence has carried out its 12th annual survey on the cost of compliance focusing on the challenges the compliance functions at financial services firms around the world expect to face in the year ahead.
Read moreNew Zealand central bank has failed on AML/CFT supervision, says FATF
The Financial Action Task Force has criticised New Zealand’s Reserve Bank for their supervision of the banking sector, despite an overwhelmingly positive national review.
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