Women account for less than 10 per cent of Australia’s senior managers and companies must do more to address this inequality, business leaders say.
A new report, Guidelines for Gender Balance Performing and Reporting Australia, was launched on Wednesday to advise businesses on how to achieve a cultural change in gender equality…article
The pay divide between men and women has widened by another 80c an hour since the turn of the millennium.
Women now earn an average $3.90 an hour less than men across all industries, down from an average $3.08 less in 2000, according to Weekend Herald calculations of Statistics New Zealand figures…article
Designed Barry Deutsch
Senators push Obama for improved money regulations
With the report termed “The Buck stops here: Improving U.S. Anti-Money Laundering Practices” Sens. Dianne Feinstein and Chuck Grassley are calling upon the Obama administration and Congress to clamp down on international “blood money” laundering operations that annually wash well over $1 trillion for drug traffickers and other criminals.
Feinstein (D-Calif.) and Grassley (R-Iowa), the leaders of the Senate Caucus on International Narcotics Control, contend that a combination of regulatory actions in the United States would effectively curtail laundering and, in turn, the drug trade.
“Drug traffickers are motivated by one thing: money,” Feinstein said. “The illicit proceeds from their crimes are blood money, and blood money has no place in our financial system.”
THE BUCK STOPS HERE: IMPROVING U.S. AML PRACTICES
THE BUCK STOPS HERE:
IMPROVING U.S. ANTI-MONEY
LAUNDERING PRACTICES
IFC, a member of the World Bank Group, will manage the Women’s Finance Hub, an initiative launched this week by the Group of 20’s Global Partnership on Financial Inclusion to improve access to financial services for women entrepreneurs and promote the sharing of knowledge and best practices...article 
Treasury Targets Network Attempting to Evade Iran Sanctions Designations include an Iranian Businessman as well as Affiliated Companies and Banks Around the World
The U.S. Department of the Treasury designated Babak Zanjani, an Iranian businessman, along with a Malaysian bank and an international network of front companies for moving billions of dollars on behalf of the Iranian regime, including tens of millions of dollars to an Islamic Revolutionary Guards Corps (IRGC) company. Today’s actions were taken pursuant to Executive Order (E.O.) 13382, which targets proliferators of weapons of mass destruction (WMD) and their supporters…report 
The offshore financial industry has been hit by the leak of 2.5 million secret bank accounts of companies and nationals in 170 countries to 86 journalists worldwide, under the leadership of the International Consortium of investigative journalism. Publication began this week…article
They make less money but live longer-two trends that make saving for retirement more daunting for the female half of the U.S. population.
To cater to this group, a number of personal finance sites that focus on women have cropped up to help them wade through the intricacies of financial planning…article
According to the United Nations, money laundering is “any act or attempted act to disguise the source of money or assets derived from criminal activity.” The annual value of global money laundering is estimated to be between US$800 billion and US$2 trillion, while money laundering in Canada in 2011 was estimated to be between $5 billion and $15 billion.
The Standing Senate Committee on Banking, Trade and Commerce (the Committee) began a five-year statutory review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act in February 2012. In addition to written briefs from those unable to appear in person, the Committee heard from more than 40 witnesses, including representatives from federal, provincial and international departments and agencies, as well as the private sector….Report of the Standing Senate Committee on Banking, Trade and Commerce
