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NAB, CBA face money laundering probe

NAB, CBA face money laundering probe
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The Fiji Times » Bank monitors PNG situation

12 May, 2021, 8:00 pm BSP chairman Sir Kostas Constantinou, left and BSP Group chief executive officer Robin Fleming. Picture: POST COURIER The BSP Financial Group Ltd (BSP) continues to actively monitor the situation in Papua New Guinea and will inform the market of any material impact on its earnings, says Sir Kostas Constantinou, BSP chairman. In a market announcement, Sir Kostas said since BSP released its 2020 financial results and accompanying investor presentation to the market, PNG had experienced an upsurge in the number of positive COVID-19 cases, with the government introducing measures to restrict the transmission of the virus. He said BSP had reinforced its health security approaches for its staff members and customers and had also re-instituted workplace separation for critical staff to reduce the risk of its business operations being affected by an increased number of COVID-19 positive cases.

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