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Showing 241 - 250 of 402 results for "Clearing"

BNP Paribas signs up to TARGET 2

JAMES FERNYHOUGH  |  MONDAY, 12 MAY 2014
... in June 2015 in Italy, Switzerland, Greece, Romania and Malta. Commenting on the announcement, Alain Pochet, head of clearing and custody services for BNP Paribas Securities Services said: "We are preparing for all kinds of client requirements in the ...

SuperStream savings 'nowhere near' estimates

JAMES FERNYHOUGH  |  FRIDAY, 9 MAY 2014
... Pearce said that, in order to differentiate itself in the employer market, VicSuper felt it needed to introduce a "full clearing house solution." He said that as a result the cost of transactions is going to go up. "So a lot of the benefits we think ...

Risk management top concern for sovereign wealth funds

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
... in different investment markets around the world. However, just 11% said they were making changes to their trading and clearing of derivatives to comply with the Dodd-Frank reforms. Another major area of concern was the management of data and improvement ...

ATO takes over SME super clearing house

MARK SMITH  |  WEDNESDAY, 2 APR 2014
... Office (ATO) has taken over responsibility from the Department of Human Services for the Small Business Superannuation Clearing House. This move is part of the government's commitment to streamline processes and it believes the ATO is best placed to ...

SPAA calls for reduction in SMSF levy

JAMES FERNYHOUGH  |  MONDAY, 10 MAR 2014
... Professionals' Association of Australia (SPAA). SPAA's senior manager, technical and policy, Jordan George said that following the clearing of a backlog of tax amendments the ATO is no longer justified in charging SMSF trustees $259 a year. "These measures ...

Asia Funds Passport on shaky ground

MARK SMITH  |  MONDAY, 10 MAR 2014
... The Asia Funds Passport also has associated set-up costs. Stockell believes that even if Australia was successful in clearing an easier way for fund managers to operate in Asia, they would face stern competition from established UK and US firms who have ...

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... before, Chancellor of the Exchequer George Osborne revealed that the UK is in "active" negotiations with China to set up a clearing bank in London and that he expects this to be completed in "fairly short order". Europe's bagged! But not before China ...

GreySpark consultancy opens in Australia

STAFF WRITER  |  THURSDAY, 6 FEB 2014
... structure. The Sydney office will also act as GreySpark's Asia Pacific advisory hub for over-the-counter (OTC) derivatives clearing. The $600 trillion global OTC derivatives market is already being transformed by sweeping new regulatory reforms, with ...

Australia's largest banks join ASX OTC clearing service

MARK SMITH  |  FRIDAY, 17 JAN 2014
Eight Australian domestic and international banks have now joined the ASX OTC Interest Rate Derivatives Clearing Service as clearing participants and have started clearing trades on the platform. The ASX OTC Derivatives Clearing Service provides users ...

Market Wrap PM

AAP  |  THURSDAY, 19 SEP 2013
... 15,676.94, 18 points above the previous record set on August 2. The broad-based S&P 500 also rose, 20.76 points to 1,725.52, clearing its previous high, also set on August 2, by nearly 16 points. "The Fed, basically, gave the markets a green light to ...