Why AML checks are essential: PwC’s Peter Forwood explains how to combat risk

Why AML checks are essential: PwC’s Peter Forwood explains how to combat risk

Both money laundering and the financing of terrorism have become major concerns to financial institutions all over the world. Even more concerning, nearly half of all global organisations admit to falling victim to fraud or economic crime. Here, Peter Forwood, Partner at PwC Australia, explains how conducting AML checks can quickly expose threats to your…

From parking valet to plastic surgeon: Extreme fraud could have been prevented with simple reference checks

From parking valet to plastic surgeon: Extreme fraud could have been prevented with simple reference checks

On his Instagram account, Dr Matthew Mode poses in blue scrubs and promotes the cosmetic procedures he performed at up-scale Romanian clinics. In reality, however, the ‘renowned surgeon’ is anything but. Here’s how simple checks could have exposed Mode’s dangerous fraud. On February 6, 2019, Matteo Politi was arrested in Romania while trying to leave…

False credentials and fake job histories: How applicants misrepresent themselves

False credentials and fake job histories: How applicants misrepresent themselves

From lying about qualifications to hiding a criminal background, there are countless ways jobseekers falsify their information. We reveal the most common tactics used to dupe employers – and how to spot them. Despite Australia’s low unemployment rate and a dearth of qualified candidates in several industries – particularly in financial services and IT –…

Why all Australian companies – not just banking and finance – must take corporate governance seriously

Why all Australian companies – not just banking and finance – must take corporate governance seriously

Kenneth Hayne’s final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry directs most of its ire at banks and financial services providers. But Alistair McKeough, Principal Solicitor at the Automic Group, believes its recommendations are much more far-reaching. Here he explains why all Australian companies must take the…

The benefits of a standardised approach to screening

The benefits of a standardised approach to screening

A standardised approach to employee screening could be anything from a formal written policy to a collection of undocumented ‘standard practices’. We reveal the positive impact such an approach can have on your overall business.

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