Such passports, which some countries issue in return for investments, are popular because they provide freedom of movement among all EU nations
"The proposed amendment is expected to be submitted to the SEC's board of directors, then to the finance minister during the first quarter of next year,"
The reforms will seek to adjust the reporting format to align with international standards, thereby reduce data processing steps for financial institutions and the costs associated with reporting, while increasing reporting efficiency.
Westpac Group Chief Executive Officer, Peter King, said: “I would like to apologise sincerely for the Bank’s failings.
The company uses a tallying system dubbed forward processing, in which a postal office will issue a "certificate of delivery" on the date that votes are delivered, with JaSt tallying votes with respect to the date indicated on the certificate.