Michael Woodford MBE: a story of loyalty and betrayal...

11 December 2018

In the lead up to International Fraud Awareness Week (12-16 November), McGrathNicol’s Financial Crime Exchange (FCX) hosted over 200 senior executives to hear from Michael Woodford, former Olympus CEO and whistleblower, who...

Advisory Financial Crime Exchange Forensic Insight 11 December 2018
FCX Panel Discussion | The Façade of Fraud

19 November 2018 | Matt Fehon & Caroline Mackinnon

To mark International Fraud Awareness Week, McGrathNicol’s financial crime collaboration hub FCX hosted a series of expert events in our Sydney, Melbourne, Brisbane and Canberra offices to discuss experiences and challenges for...

Advisory Financial Crime Exchange Forensic Insight 19 November 2018
Banking Royal Commission highlights cultural issues within Financial Services

28 March 2018 | Dean Newlan

The Banking Royal Commission commenced public hearings in earnest on 13 March 2018 in what the Commissioner, The Hon. Justice Kenneth Hayne has referred to as the Round 1 hearings focusing on “consumer lending practices within...

Advisory Financial Crime Exchange Forensic Insight 28 March 2018
Australia slips further in anti-corruption ratings

6 March 2018 | Dean Newlan

International corruption fighting NGO, Transparency International (TI), released its 2017 Corruption Perceptions Index (CPI) on 27 February 2018. The report revealed some worrying trends for Australian business in the context...

Advisory Financial Crime Exchange Forensic Insight 6 March 2018
Forensic Forecast 2018

28 February 2018 | McGrathNicol

Tighter regulation, increased regulatory scrutiny, significant media attention and expectations for greater transparency are balancing the growth ambitions of Government and the business sector. Ultimately, we are seeing the...

Advisory Financial Crime Exchange Forensic Technology Report 28 February 2018
Whistleblower compensation is sorely needed

13 December 2017 | Matt Fehon

I was a teenager working at Walton’s department store when, in 1986, one of Walton’s senior managers discovered that the store’s new owners, the Bond Corporation, had embarked on a creative method of recognising revenue. As...

Advisory Financial Crime Exchange Forensic Media 13 December 2017
Understanding the risks and implications of fraudulent underpayment of...

11 December 2017 | Robin Tarr

A growing number of high profile large Australian companies have been on the receiving end of adverse media attention alleging the deliberate underpayment of employee entitlements. The fallout from these allegations has resulted...

Advisory Financial Crime Exchange Forensic Media 11 December 2017
Why Australia’s strengthening whistleblower protections are good for business

17 November 2017 | Dean Newlan

This year has marked a significant shift in Australia’s approach to the protection of whistleblowers who report corporate wrongdoing within their workplace. Given these changes, businesses need to be thinking not just about how...

Advisory Financial Crime Exchange Forensic Insight 17 November 2017
Australia dragging its heels on public sector corruption in...

16 November 2017 | Graham Newton

Corruption costs the global economy $2.6 trillion a year and has the potential to damage the principles of democracy, justice and the economy. Australia is a relatively clean country, especially when compared to countries such as...

Advisory Financial Crime Exchange Forensic Insight 16 November 2017
FCX Panel Discussion – Gambling: The Hidden Addiction

15 November 2017 | Caroline Mackinnon & Matt Fehon

To mark International Fraud Awareness Week, McGrathNicol’s collaboration hub FCX last night hosted a series of expert panels in each of our offices in Australia and New Zealand to discuss experiences and challenges for...

Advisory Financial Crime Exchange Forensic Insight 15 November 2017
Whistleblower legislation – implications on your business

25 October 2017 | Dean Newlan

The Federal Government released its long-awaited draft whistleblower protection legislation on 23 October 2017. If passed as currently drafted, the Treasury Laws Amendment (Whistleblowers) Bill 2017 will create a single...

Advisory Financial Crime Exchange Forensic Insight 25 October 2017
Eighteen Australian Universities discuss financial crime research

2 August 2017 | Dean Newlan & Matt Fehon

McGrathNicol’s collaboration hub FCX last week hosted more than 45 representatives from 18 Australian Universities at a roundtable for a presentation on the latest research into financial crime and to share industry experiences...

Advisory Financial Crime Exchange Forensic Insight 2 August 2017
Heightened risk of fraud facing Australian universities

27 July 2017 | Graham Newton

McGrathNicol fraud risk management expert Graham Newton recently spoke with the Australian Financial Review’s education editor about the heightened risk of fraud facing Australia’s Higher Education sector. According to Graham...

Advisory Financial Crime Exchange Forensic Media 27 July 2017