A forthcoming law aimed at holding CEOs of financial firms criminally liable for lax internal controls is drawing mixed responses. Can it help root out unethical and deceptive sales of financial products? Or Will it be exploited by financial authorities to put pressure on firms?
A director at the Financial Advice Association Australia and a former superannuation chief executive are among recipients of this year’s Australia Day honours.
Five major commercial banks in Korea — KB Kookmin, Shinhan, Hana, Woori, and NH NongHyup — are increasingly at risk of facing lawsuits from customers experiencing escalating losses. These losses stem from the purchase of equity-linked securities (ELS) products linked to Hong Kong s declining benchmark index.
After the fraud gtreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gtreview.com Daily Mail and Mail on Sunday newspapers.