Business
CBA chief says no bank wants to facilitate ‘heinous crimes’ – Sydney Morning Herald
The big banks’ approach to anti-money laundering laws has once again come under the spotlight.
CBA has committed to boosting staff training for spotting money laundering and terrorism financing, yet the bank’s most recent annual report lists failure to comply with AML laws among its top three compliance risk exposures.
“Theres an enormous amount of effort thats going into making sure we comply with this critically important AML and CTF laws,” Mr Comyn said. “From our perspective, its been a very substantial investment over many years now responding to some of our identified shortcomings….
-
General24 hours agoEnglish springer spaniels Kelly and Milo helping fight dieback in Western Australia
-
Noosa News20 hours agoMega-team of heavy horses sets world record at Good Old Days Festival
-
Noosa News13 hours agoNRL grand final quick hits: Reece Walsh creates magic after avoiding sin bin as Broncos survive Hunt, Reynolds injuries to win premiership
-
General13 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final