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Showing 1 - 10 of 34 results for "Funders"

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... only general advice to retail clients or wholesale clients will be charged $2,252,926 overall. Advisers are the biggest funders of ASIC's enforcement activities, paying more than listed companies that are apportioned $42,999,175. In other sectors ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... long-live assets and very high emissions," she explained. She said this positive result is due to investor demand. "Major funders of the shipping industry are big banks around the world, they all have to demonstrate who they are lending money to and ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... under prior legislation as fund assets were preserved, now a pool of available capital in the trustee risks litigation funders chasing actions. AIST said that through discussions it had within the superannuation legal community, it understood that litigators ...

Advice gap spurs boom in investment media

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... revealed podcast and media company Equity Mates - founded by Alec Renehan and Bryce Leske - had raised $1.2 million from funders including Magellan, Zip Co chief executive Larry Diamond and Pitcher Partners wealth adviser Charlie Viola. Victoria Devine's ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... legislation would also require plaintiffs to consent to become members to a class action litigation funding scheme prior to the funders imposing fees. "This will encourage 'book building' and ensure that actions involving litigation funders are commenced ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... participation of international firms in Australia and abnormally high profits for class action law firms and litigation funders. "The Committee found that current regulatory arrangements are inadequate and greater oversight of the industry is required ...

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... advertise to the mainstream. JPB Liberty is seeking to raise funding for the case from venture capitalists, litigation funders and investors, with claimants to receive 70% of any settlement and funders a 30% cut. The law firm will absorb the costs if ...

Mayfair 101's vision for Mission Beach is sinking

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... processes are well under way, including on-site visits that commenced last week," Mawhinney said in a statement. "These funders are sufficiently experienced to see through the noise and see the value in the opportunity to support the project. We are ...

Impact investing seeks to address racial inequality

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... economic development," said Capital Impact Partners president and chief executive Ellis Carr. "We understand that banks, funders, and other institutions have historically been challenged to connect capital to communities. By leveraging our unique expertise ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... institutions that fund them. Treasurer Josh Frydenberg announced in May this year that the government was seeking litigation funders to be subject to greater regulatory oversight. "Litigation funders are currently exempt from holding an AFSL and being ...
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