Reported in the Age today (7 August 2019) is a story about banks renewing their attempts to control elder financial abuse, especially inheritance impatience.
Also the Australian Banking Association will continue its push for a national register of power of attorney documents.
Bank staff are very often directly confronted with suspicious activity usually by family members of older people withdrawing funds for purposes not related to the welfare of that person.
Staff are constrained by privacy issues and on occasions when they do seek to intervene, the reluctance of the victim to take any action.
Anna Bligh the chief executive of the ABA will be making a statement later today about these moves. We will report further as more detail comes to hand.