AUSTRAC identifies serious concerns with NAB’s AML law compliance
AUSTRAC has identified serious concerns with NAB’s compliance with the AML and Counter-Terrorism Financing (CTF) Act 2006.
AUSTRAC has identified serious concerns with NAB’s compliance with the AML and Counter-Terrorism Financing (CTF) Act 2006.
National Australia Bank Limited (NAB) will proceed with acquisition of neo bank 86 400 following Federal Court approval.
NAB expects the total cost of acquiring the remaining shares in 86 400 to be up to approximately $220 million.
The project will explore the implications of a wholesale form of central bank digital currency using distributed ledger technology.