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Showing 391 - 400 of 417 results for "Crypto"

Asset manager bets on blockchain for private equity audits

KANIKA SOOD  |  TUESDAY, 27 MAR 2018
A 130-year-old wealth and asset manager is using blockchain - the latest technology reshaping financial services - to speed up the auditing of private equity lifecycle events. Northern Trust is assigning blockchain nodes to audit firms, which will give ...

Australia's first OTC trading desk for digital currencies opens

KANIKA SOOD  |  TUESDAY, 13 MAR 2018
Australian crypto investors wanting to execute large digital currency trades will have an over-the-counter trading desk to go to from next week. Sydney-based Bitcoin and digital currency exchange Independent Reserve will go live with Australia's first ...

Private wealth platform appoints ASX-listed corporate adviser

ALEX BURKE  |  TUESDAY, 6 MAR 2018
... Australian Unity Trustees national manager, estate planning Anna Hacker about the implications of the global explosion of crypto investments on estate planning. She said the anonymity that comes with crypto assets makes it challenging. "It is difficult ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
Financial advisers account for more than one-third of all serious misconduct issues identified by the Financial Ombudsman Service since early 2012. In a submission to the Royal Commission, FOS attributed 39% of serious misconduct identified in the last ...

Crypto assets rewrite estate planning

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
... Anna Hacker describes cryptocurrency as "a real minefield" for estate planning. She says the anonymity that comes with crypto assets makes it challenging. "It is difficult to know about such holdings unless they are disclosed. It's also virtually anonymous ...

SMSF trustees warned on non-compliant crypto

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... the fund and put it into their exchange account, breaching the SIS Act. It's what I call driving into the pothole of the crypto road - they've done it purely because they want to get involved in the craze and haven't thought about the ramifications," ...

Crypto hype drives new partnership

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
... fund, but to ensure they are compliant if they do invest," Long said. "One of the most difficult aspects of accounting for crypto-currency in an SMSF portfolio is meeting the audit requirements." She added that Bitcoin Trader provides SMSF accountants ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
The US Securities and Exchange Commission (SEC) announced it will crackdown on financial product providers' fee disclosures the year ahead in a bid to protect mum and dad investors. The SEC made it clear that one of its main priorities this year is ...

SMSFs and instos driving crypto exchange growth

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
... waiting on the sidelines are now choosing to enter the market. "Factors like the new regulation by AUSTRAC, emerging ETFs and crypto hedge funds, new bitcoin futures, and the growing mainstream acceptance of bitcoin as an asset have given institutional ...

Bitcoin bubble will burst in 2018: Survey

KARREN VERGARA  |  MONDAY, 22 JAN 2018
The latest Financial Standard spot poll result sees an end to the bitcoin bubble in 2018. About 40% of respondents are betting the days of the bitcoin phenomenon are numbered, while 29% predict Australia will lift interest rates by 25 percentage points. ...