Derivatives trader CLSAP NZ admits anti-money laundering law breaches in case with FMA
5 May, 2021 10:23 PM
6 minutes to read
CLSA Premium New Zealand has admitted to anti-money laundering breaches. Photo / File
NZ Herald
A Kiwi derivatives trading firm and subsidiary of a Hong Kong company has admitted breaching anti-money-laundering laws after action was taken by the regulator. CLSA Premium New Zealand Limited (CLSAP NZ) was accused of nearly $50 million in suspicious transactions in a civil case filed in the High Court at Auckland by the Financial Markets Authority (FMA) in June last year.
Today, the FMA said the Auckland-based company has admitted it breached the Anti Money Laundering and Countering Financing of Terrorism (AML/CFT) Act. The markets watchdog had alleged the company failed to comply with its legal obligations between April 2015 and November 2018.
Hyatt Regency Phnom Penh on Street 178. - Phnom Penh Post/ANN PHNOM PENH, May 6 (Phnom Penh Post/ANN): Nine famous US franchising companies are looking for business opportunities and expansion into Cambodia to build a footstep for a strong foundation in South-East Asia.
The US embassy in Phnom Penh, in partnership with the US Foreign Commercial Service and with support from the American Chamber of Commerce in Cambodia (AmCham), hosted the Cambodia Franchise Expo on May 5.
The virtual expo brought together nine well regarded US franchising companies - The Boiling Crab, Chili s, Dickey s BBQPit, Duck Donuts, Long John Silver s, Mathnasium, Snap Fitness, Tapout Fitness and Tumbles - with over 30 Cambodian businesses and entrepreneurs to discuss potential partnerships.
ALD: Trading update on Q1 2021 results
DJ ALD: Trading update on Q1 2021 results
ALD
ALD: Trading update on Q1 2021 results
06-May-2021 / 07:30 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Press release
Paris, 6 May 2021
Trading update on Q1 2021 results - NET INCOME (GROUP SHARE) UP 20.7% VS Q1 2020 - VERY STRONG USED CAR SALES RESULT PER UNIT AT EUR 439 AND A RECORD VOLUME OF USED CAR SALES AT 87K UNITS - IMPROVING COST INCOME (EXCL UCS) RATIO AT 49.9% - STRONG PERFORMANCE CONFIRMING 2021 OUTLOOK - TOTAL CONTRACTS[1] STABLE AT 1.76 MILLION - ACQUISITION OF BANSABADELL RENTING (SPAIN) - c. 20K VEHICLES
DJ ALD: Trading update on Q1 2021 results ALD ALD: Trading update on Q1 2021 results 06-May-2021 / 07:30 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer