CLSA Premium NZ to pay 0k for breaching duties as financial service provider

CLSA Premium NZ to pay $770k for breaching duties as financial service provider

The financial services company CLSA Premium NZ (CLSAP NZ) has been ordered to pay $770,00 for breaching anti-money laundering rules. Photo: 123RF The Financial Markets Authority (FMA) filed proceedings against the Hong Kong owned derivatives issuer, formerly known as KVB Kunlun, claiming that the company failed to meet its duties under anti-money laundering and countering

Jingle Pay becomes the first Money Service Business with Shariah Certification

Jingle Pay becomes the first Money Service Business with Shariah Certification

DUBAI, UAE, June 24, 2021 /PRNewswire/ — Jingle Pay, a UAE homegrown money service business, has become the first to offer its customers a world-first hybrid model where customers can choose to open an Islamic account or opt for a conventional alternative. Both accounts require no minimum balances, are fee-free, and can be opened via

Treasury Secretary Janet Yellen warns of ‘absolutely catastrophic’ hit to economic recovery this summer if US can’t pay its bills on time

Treasury Secretary Janet Yellen warns of ‘absolutely catastrophic’ hit to economic recovery this summer if US can’t pay its bills on time

Win McNamee/Getty Images On Wednesday Secretary Yellen asked Congress to extend a July deadline to pay back some of the federal debt. Without an extension, she warned of a “catastrophic” default that could hurt economic recovery. Some in the GOP have signaled they want spending cuts in exchange for increasing the debt ceiling. See more