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Cartel case leads to first criminal cartel prosecution

The Federal Court has issued an AUD$25 million fine in relation to a shipping cartel. It’s one of the largest fines ever recorded under the existing competition regime. It also marks the first successful prosecution under current criminal cartel laws. According to the Australian Competition and Consumer Commission (ACCC), it’s the first time in 100 […]

Commonwealth Bank anti-money laundering breach allegations

The Commonwealth Bank of Australia (CBA) is dealing with allegations that it committed over 50,000 anti-money laundering breaches. On 3 August 2017, Australia’s financial intelligence agency, AUSTRAC, started civil proceedings against CBA. AUSTRAC claims CBA breached the Anti-Money Laundering and Counter-Terrorism Financing Act 53,700 times. The allegations concern CBA’s roll out in May 2012 of […]

GRC Solutions partners with RHT Compliance Solutions, the leading and largest standalone compliance consultancy in Southeast Asia

Through our partnership, RHT Compliance Solutions will be able to offer their clients access to GRC Solutions’ award-winning Salt Web Compliance Learning Management System. The partnership will grant companies across Southeast Asia access to legal and compliance training content built by an expert team in line with international standards and benchmarks. GRC Solutions is a recognised leader […]

Egg-producer handed ‘record’ AUD$1m fine over false free-range labelling

One of Australia’s largest egg producers has been fined AUD$750,000 by the Federal Court and ordered to pay $300,000 more in court costs for falsely labelling some of its products free range – the largest fine in Australian history for a breach of its kind. The Australian Competition Consumer Commission brought the action against WA […]

Officer charged under new WHS legislation for lacking due diligence

A South Australian amusement ride operator has been convicted in the wake of a fatal incident involving its “Airmaxx” ride at the Royal Adelaide Show. In September 2014 an eight year old girl suffered fatal injuries when she was ejected from the Airmaxx. C, J Sons Amusements Pty Ltd owned and operated the Airmaxx. One […]

GRC Solutions acquires renowned compliance division of COBA

GRC Solutions Pty Ltd has recently acquired the compliance division business of COBA (Customer Owned Banking Association). The compliance division is responsible for developing a range of resources, including compliance manuals, guides, training content and associated services. “This is a fantastic development that will showcase the complementary strengths of both businesses,” GRC Solutions Managing Director […]

Complimentary Webinar: Global Regulatory Challenges and Compliance Best Practice Webinar

Hong Kong’s efforts to boost bank cyber resilience hampered by lack of skilled professionals

Complimentary AML Webinar – New developments and Training

Complimentary Webinar Fintech Regulatory Development in Asia: Pressure and Expectations

Seasons Greetings from the team at GRC Solutions

Julian Fenwick is interviewed at the Singapore FinTech Festival

Whitepaper: The future of compliance training
Whitepaper: Scientifically proven brain rules that work in training

Why All This Hostility To Compliance Training?

How Adaptive Compliance Training Reduces Fatigue

Julian Fenwick and Richard Bistrong discuss Challenges and Trends in Anti-Bribery Risk Management

Julian Fenwick and Richard Bistrong discuss Anti-Bribery & Compliance in Australia & Asia

An Australian perspective on Anti-Bribery and Enforcement with Richard Bistrong

Third Party Due Diligence – Understand and Implement an Effective Compliance Program

Jane Ellis and Richard Bistrong discuss Anti-Bribery and Enforcement in Australia

The five critical stages of policy management

Data Protection and Information Security – an update from Heather Tropman

Data Protection and Information Security – an update from Heather Tropman

Data Protection and Information Security – An update from Geoffrey Stackhouse

Data Protection and Information Security – An update from Stephen Dunkerley

Data Protection and Information Security compliance forum Part One

Data Protection and Information Security compliance forum Part Two

Expanding on Anti-bribery laws and compliance – an update from Jane Ellis

Social Learning Strategies for Compliance Training

Risk Management – an interview with Alf Esteban

Ethics and compliance – an interview with Dr Stuart Palmer

Anti-bribery laws and compliance – an interview with Jane Ellis