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Showing 241 - 250 of 816 results for "Settlement"

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

BNP Paribas wins China custody agreement

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... scheme, effective immediately. In 2016, BNP Paribas China Limited was one of the first foreign banks to be granted a bond settlement agent licence for the China Interbank Bond Market (CIBM). "This newest QFI licence complements our cross-border product ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis points for the April 2024 Australian government bond continue to purchase government ...

NSX partners with retail platform

ANNABELLE DICKSON  |  MONDAY, 26 JUL 2021
... with the connection to the Trade Acceptance Service (TAS) last November allowing fully automated trading and novated settlement on the NSX for the first time," NSX chief executive John Karantzis said. "The addition of the Marketech online trading platform ...

KLP divests Israeli-linked settlement firms

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
Norway's largest pension fund KLP has offloaded 16 companies that operate in banking, construction, infrastructure and telecommunications in Israel connected to occupying Palestinian territory. The pension fund announced on June 5 that following failed ...

ASIC cancels BBY licence

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... Wellington), New York and London. It was also a market participant of ASX, Chi-X and SSX (formerly APX), and a clearing and settlement participant of the ASX. On 17 May 2015 KPMG was appointed as joint and several voluntary administrators of the 10 BBY ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
... strengthening its responsible entity's NTA reserves, hiring about three distribution staff, and for additional settlement capacity. Lastly, Cashwerkz will also seek shareholder approval at its annual general meeting to rebrand to Income Asset Management ...

FinClear to acquire BNY subsidiary

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... acquisition will enable FinClear to expand its services to larger stockbrokers. FinClear provides trades, clearing and settlement services, as well as technology solutions to wholesale intermediaries seeking access to the ASX. "As an existing client ...

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
... the entities that enable and facilitate trading in capital markets. "FMIs including financial markets, clearing and settlement facilities, benchmark administrators and derivative trade repositories play a critical role in the operation of financial markets ...

AUSIEX launches, announces leadership team

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... solutions, and wholesale brokerage that includes equities execution and administration services, as well as clearing and settlement services. In June, it partnered with LAB Group for a white labelled client-onboarding solution. LAB Group will accelerate ...