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Showing 1181 - 1190 of 14005 results for "Current"

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... legislation administered by ASIC, other applicable rules and legislation, and ASIC's regulatory documents to reflect the current legal and regulatory framework.

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
The Actuaries Institute has named Jan Swinhoe the Actuary of the Year for 2024. Swinhoe has an extensive background in financial services, having worked across insurance, institutional banking, and superannuation. She is currently a non-executive director ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... is expected to improve through operational changes and team restructuring, the improvement is not enough to support the current value of intangible assets. Based on the assumptions used to assess impairment, the current value of intangible assets was ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
Alex Zaika, the local head of GAM Investments, has resigned from his role at the Switzerland-based asset manager to join another firm. It is understood that the global asset manager is currently searching for Zaika's replacement. Zaika, who joined ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... example, MIMBT executed 465 internal cross trades between a selling account and 11 retail mutual funds above independent current market prices. This resulted in the retail mutual funds absorbing losses that otherwise would have been borne by the selling ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... regulator is conducting a global search and request for tender process for its investment scam website takedown service - its current contract expires in 2025. The request for tender seeks a service which will identify, take down and provide intelligence ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... amount applied to them and will then be paid to their nominated superannuation fund the following year and taxed at the current superannuation tax rate of 15%. From next year, the payment is estimated to be $2900 for 24 weeks of paid leave, jumping to ...

BlackRock revamps private credit business

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
BlackRock is restructuring its private debt arm, saying private credit is "one of the firm's top priorities" and it intends to become a leader in the space. BlackRock is creating a Global Direct Lending business within its existing private debt function ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ...