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.
Domestic banks could feel the greatest impact from the trend, an East & Partners survey suggests.
The major oil producers have agreed a further reining-in of production in a bid to push the price higher.
The General Data Protection Regulation (GDPR) will be enacted on May 25 2018 and promises to revolutionise the way that firms collect, store, process and protect the personal information of customers, clients and employees.
Today sees the publication of set of global principles of good practice in the foreign exchange market.
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.
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.
The European plane marker has set up a new compliance review group, with outsiders leading the review of its internal processes.
Australia, Japan and other signatories to the proposed trade deal plan to move forward despite president Donald Trump’s decision to withdraw US membership.