A LexisNexis survey also suggests most financial crime professionals expect legacy technology to become a barrier to fighting financial crime over the next two years.
The guidelines for best practice in the global foreign exchange markets attempts to rebuild trust after several of the big banks were fined for abuses.
Payment fraud can no longer be regarded as a problem confined largely to the retail industry - nearly every section reports that the incidence is growing.
The major oil producers have agreed a further reining-in of production in a bid to push the price higher.
Today sees the publication of set of global principles of good practice in the foreign exchange market.
The cheque might be an outmoded payment method, but many US organisations are reluctant to give it up. What’s more, after years of decline, cheque fraud shows signs of an uptick.
The one-notch downgrade by the credit ratings agency is the first for nearly 30 years.
The new rules aim to prevent companies overpaying tax and to increase the competitiveness of the eurozone.
Emerging markets offer “a world of opportunity”, but delegates at the recent ACT Conference heard from treasurers whose companies operate in regions such as Africa about the challenges they also present.
The proposed new tax, announced two weeks ago in the federal budget, is due to be introduced on July 1 and will raise A$6.2bn for the government over the next four years.