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Showing 241 - 250 of 1292 results for "Request"

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
ASIC has so far secured more than $102 million in remediation for Freedom Insurance customers and is urging anyone else who purchased life cover through the now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's review ...

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
ASIC has released guidance regarding the function of the Financial Services and Credit Panel, outlining the actions it may take and the rights of financial advisers who are subject to a hearing or disciplinary measure. In December, ASIC outlined the ...

IFM calls off Atlas Arteria takeover bid

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
IFM Investor's Global Infrastructure Fund (IFM GIF) has ceased its discussions with Atlas Arteria after becoming a substantial shareholder in the toll road operator just last month. On June 8, IFM GIF and associates disclosed the acquisition of a combined ...

Aliro Group withdraws AOF bid

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
After initially bidding for the Australian Unity Office Fund in May and requesting two subsequent extensions to the exclusive due diligence period, Aliro Group will no longer provide a revised bid. It comes as independent valuations shave $37.25 million ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... review and naming its panel, Chalmers announced an extension to Mark Barnaba's appointment to the RBA board. At Chalmers' request, Barnaba has agreed to serve another year on the RBA board. His current five-year term as a part time member on the board ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
APRA has said it intends to issue draft guidance on how super funds can demonstrate clear understanding of ESG risks, manage those risks, and reflect ESG considerations in investment strategy. Responding to submissions to its consultation process for ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Celsius Network has filed for Chapter 11 bankruptcy making it the latest victim of the crypto crash. In a statement, Celsius said it has filed with the Court a series of customary motions to allow it to continue operation. These "first day" motions ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... agreed to provide 'approval' or any decision. The consumer watchdog also said it hadn't reached a view on Dye and Durham's request for informal merger clearance for its proposed purchase of Link. The ACCC invited submissions on its Statement of Issues ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
ASIC is calling on market operators and participants to continue implementing and improving the resilience of the Australian equity market during outages. ASIC released the findings of its review into the ASX outage in November 2020 and other incidents ...

Selfwealth announces crypto offering

CASSANDRA BALDINI  |  MONDAY, 20 JUN 2022
Selfwealth is set to become the first investment platform to offer a direct investment into five cryptocurrencies from June 30. The wealth creation disruptor has partnered with digital currency exchange BTC Markets to offer Bitcoin, Ethereum, Ripple ...