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Showing 91 - 100 of 816 results for "Settlement"

HMC Capital launches DigiCo REIT

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... growth in CY24. Trading of new securities in the DigiCo REIT are expected to commence on a conditional and deferred settlement basis on 12 December 2024. The DigiCo REIT will be a diversified owner, operator, and developer of data centres with a $4 billion ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... receive net proceeds from other previously announced sales - including those from 2-10 Valentine Avenue, Parramatta (with settlement currently expected to occur in March 2025) and 150 Charlotte Street, Brisbane (with settlement currently expected to ...

ASX files defence against ASIC proceedings

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... added that the ASX has taken a different approach to how it is implementing the upgrade to its equity clearing and settlement systems, including the selection of a product-based solution and staging the implementation over two releases. "ASX has also ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... compliance oversight of client correspondence, AFCA said. Investments and advice AFCA found a particular financial firm's settlement agreement was "inconsistent" with AFCA's approach in investments and advice and has since consulted with ASIC to investigate ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... same programmable platform could "facilitate reductions in cost and risk in conventional models of trading, clearing, settlement and asset servicing."

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September 2024, it still requires approval from the court. The bank said there "remains uncertainty" over the expenses ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
The fine relates to several failures by J.P. Morgan Securities and J.P. Morgan Investment Management, including recommending more expensive mutual funds when almost identical ETFs were available much cheaper. J.P. Morgan Securities (JPMS) and J.P. Morgan ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... private market secondary transactions, has been granted a "first-of-its-kind" Australian Market Licence and Clearing Settlement Facility Licence by ASIC and the Reserve Bank of Australia (RBA). The licences enable the FCX Market to trade securities in ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... superannuation customers may be entitled to get their super back after Slater and Gordon secured a $50 million class action settlement. The no-fault settlement was reached with ANZ and its former subsidiaries, OnePath Custodians (OPC) and OnePath Life ...

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... lawyer that told the firm the client intended to report alleged securities law violations to the SEC. "Specifically, the settlement agreement said that it permitted reporting possible securities law violations to government agencies, including the Commission ...