🇸🇬banks developing guidelines to protect seniors fr #financialabuse by loved ones
"Assoc'n of Banks in #Singapore & te major banks r currently develop'g #industry #guidelines to better #protect #elderly clients fr being abused fin'ly by their loved ones, such as their children & oth family members.. efforts to strengthen #safeguards come amid an #ageing population & instances of seniors being fin'ly abused by “trusted parties”.. wld be progressively implemented fr 2Q2026"🧐
https://www.straitstimes.com/singapore/spore-banks-develop-guidelines-to-protect-seniors-from-financial-abuse-by-loved-ones
S’pore banks developing guidelines to protect seniors from financial abuse by loved ones

The guidelines come amid instances of seniors being financially abused by "trusted parties" and an ageing population. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times

Hopefully this happens sooner rather then later but the #ato is a large ship to move. #domesticviolence #auspol #financialabuse

From: @abcfeeds
https://rssfeed.media/@abcfeeds/114943721777002491

ABC Feeds (@[email protected])

The ATO is pursuing $56b in tax debt but sometimes goes after the wrong people By Nassim Khadem The federal government is being urged to consider legal changes to allow the ATO to waive debts incurred through financial abuse, as the office ramps up use of its powers to recover $56 billion owed by small businesses and individuals. https://www.abc.net.au/news/2025-07-31/tax-debt-victims-of-fraud-financial-abuse-caught-in-ato-action/105587540 #Tax #PersonalDebt #TaxEvasion #DomesticViolence #Businesses #SmallBusinesses #AccountingandAuditingServices #Courts #FamilyLaw #FederalGovernment #NassimKhadem

RSSFeed Media
This interesting article dropped into my timeline this morning (I opened a tab but cannot remember who found it first, sorry). The story talks about women in South Africa and other more traditional countries, but I don't think women in the "west" have this much different experiences if they are the ones who earn more money in the marriage.
Interesting: in SA #financialAbuse is "legally classified as economic abuse under the Domestic Violence Act."
https://www.bbc.com/news/articles/cr72g3drd11o
Dr Celiwe gets South Africa talking about financial abuse

A medic sparks a national conversation about the financial abuse some female breadwinners face.

My son is doing a PhD in Edinburgh University. He is living in university owned accommodation. The cost of all accommodation owned by the university is going up by 45%! It's an outrageous financial abuse of the student body.

#UniversityOfEdinburgh #FinancialAbuse #Edinburgh #Scotland

ICYMI: RainSMediaRadio News Ex-Mistress Blackmailing Me After Stopping Monthly Allowance — Ex-Skye Bank Chair https://www.rainsmediaradio.com/2025/03/ex-mistress-blackmailing-me-after.html?utm_source=dlvr.it&utm_medium=mastodon Follow, Like & Share #Blackmail #ExMistress #SkyeBank #TundeAyeni #FinancialAbuse
Ex-Mistress Blackmailing Me After Stopping Monthly Allowance — Ex-Skye Bank Chair

 The former chairman of Skye Bank, Tunde Ayeni, has raised serious allegations against his former mistress, accusing her of blackmail after ...

Blogger
RainSMediaRadio News Ex-Mistress Blackmailing Me After Stopping Monthly Allowance — Ex-Skye Bank Chair https://www.rainsmediaradio.com/2025/03/ex-mistress-blackmailing-me-after.html?utm_source=dlvr.it&utm_medium=mastodon Follow, Like & Share #Blackmail #Scandal #FinancialAbuse #ExMistress #TundeAyeni
Ex-Mistress Blackmailing Me After Stopping Monthly Allowance — Ex-Skye Bank Chair

 The former chairman of Skye Bank, Tunde Ayeni, has raised serious allegations against his former mistress, accusing her of blackmail after ...

Blogger
The #trustedcontactperson or #TCP is one of the more recent tools that is available to #financialplanners and their clients to help prevent #financialabuse. Read my latest #moneyarchitect blog post for more information. #financialplanningcanada https://moneyarchitect.ca/do-you-have-a-trusted-contact-person/
Money Architect Financial Planning, Russell Sawatsky | Do You Have a Trusted Contact Person?

Money Architect specializes in designing comprehensive financial plans for Canadian households.

Who does this resonate with? https://youtu.be/oTlJjiVvoI8?si=7p7O9GgBL1VvPCVf When we are looking at our failed intimate relationships, are we asking what lessons we were taught as children? Maybe a parent had a drug addiction or gambling habit? maybe they were constantly in and out of jobs putting financial strain on the family? What subtle things did you see in your household? #mentalhealth #financialabuse #gambling #addiction #cptsd #domesticviolence
The Impact Of Financial Abuse

YouTube
‘He took every penny’: the women left with a debt mountain by coercive partners

Coercive or controlling behaviour has been an offence since 2015, but its financial aspects are poorly understood and can leave lives in ruins, a new report says

The Guardian