After the shareholders queries, Australia and New Zealand Banking Limited (ASX: ANZ) informed its shareholders about the actions the bank has taken to support in preventing the financial crime in the Australian banking system.
As per bank’s Chief Risk Officer, Kevin Corbally, it is one of the most important roles to protect the Australian banking system from criminal use.
The bank has been working with AUSTRAC and the broader industry to prevent, detect and disrupt serious financial crimes, which includes money laundering terrorism, human trafficking, tax evasion and child exploitation.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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