Cheating in online training tests was found to be widespread within the audit practice. KPMG Australia sanctioned 1,131 individuals.
September 16, 2021A husband and wife were jailed for 17 and 14 years respectively after pleading guilty to cheating, forgery and money laundering offences.
August 18, 2021China and Hong Kong will promote mutual recognition and assistance in bankruptcy procedures. Mainland judicial practice training will be arranged for Hong Kong legal professionals.
August 3, 2021The FSC says a key objective of the guidelines is to introduce innovative technology including big data analysis into the inspection process.
August 3, 2021A former Grab and Uber driver has admitted to playing the role of a "dummy director" of several shell companies involved in the SkillsFuture scam.
July 20, 2021The initiative will see the establishment of a dedicated online portal for global training on climate risks for central banks and supervisors.
July 13, 2021The processing and approval of suspicious third party fund transfers were attributable to the CEO's failures to discharge his duties, the SFC said.
July 6, 2021The guidance highlights the need for effective onboarding processes, ongoing monitoring, staff training, risk management, sanctions screening, and a strong compliance culture.
June 30, 2021Contract workers reportedly had to cut corners on compliance tasks to meet their KPIs, including by copy and pasting text from templates to fill reports sent to AUSTRAC.
June 29, 2021The extensions will help Singaporeans continue to acquire in-demand skills and encourage FIs and fintechs to retain and upgrade staff capabilities.
June 28, 2021