Search Results for: National Australia Bank
ASIC accepts enforceable undertaking from Macquarie Bank to address inadequacies within their wholesale FX businesses
May 19th, 2017
ASIC has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and ...
Australia will recognize Bitcoin as money and protect Bitcoin businesses, No Taxes
May 12th, 2017
Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST). Bitcoin traders and investors will not be taxed for purchasing and selling Bitcoin through regulated exchanges and ...
Reserve Bank of Australia keeps the cash rate unchanged at 1.50 per cent
May 2nd, 2017
The Reserve Bank of Australia has published today a statement by Philip Lowe, Governor, to inform about its monetary policy decision. According the press release, at its meeting today, the Board decided to leave the cash rate unchanged at ...
Multinational law firm promotes 19 partners across its global network
April 26th, 2017
Ashurst LLP, a multinational law firm headquartered in London, has issued an announcement to inform in relation to recent promotions across its global network, with effect from 1 May 2017. The promotions are across nine offices, with 53% in Europe ...
International law firm promotes 21 lawyers to partnership
April 11th, 2017
Leading international law firm Herbert Smith Freehills announced today the promotion of 21 lawyers to its global partnership. The promotions take effect on 1 May, 2017. Demonstrating the firm’s commitment to investing in its global network of offices and ...
Credit Swiss is mired in an international tax evasion probe
April 3rd, 2017
Credit Swiss is mired in an international tax evasion probe into thousands of suspect bank accounts. A tip off to the Dutch police prompted raids in The Netherlands, Britain,Germany, France and Australia. The UK’s HM Revenue & Customs confirmed ...
Citibank refunds $5 million in credit card international transaction fees
March 31st, 2017
Citigroup Pty Limited (Citibank) has refunded approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process ...
Global Stock, Bond Rally Spurred by Central Banks: Markets Wrap
March 16th, 2017
Gold and oil advance while dollar maintains losses on Fed move Yen steady as BOJ stays the course; euro jumps on Dutch vote Central banks ruled over financial markets, as the Federal Reserve’s move to raise interest rates without ...
CMC Markets announced a major partnership to become the second-largest stockbroker in Australia
March 8th, 2017
CMC Markets plc, (LSE: CMCX, “CMC” or the “Group”), a leading global provider of online retail trading, today announces a major stockbroking partnership with Australia and New Zealand Banking Group Ltd (“ANZ”). The transaction will result in CMC becoming ...
ASIC commences civil penalty proceedings against Australian Bank
March 1st, 2017
ASIC has today commenced civil penalty proceedings in the Federal Court against Westpac Banking Corporation (Westpac) for a number of contraventions of the responsible lending provisions of National Consumer Credit Protection Act 2009 (Cth) (the National Credit Act). ASIC ...
