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Showing 411 - 420 of 1710 results for "Offshore"

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
The Federal Government is seeking public consultation on the long-awaited legislation for the Asia Region Funds Passport and Corporate Collective Investment Vehicle (CCIV) regime. The exposure draft legislation for the Asia Region Funds Passport explains ...

Australian investment firm opens London office

EMMA RAPAPORT  |  FRIDAY, 25 AUG 2017
... Mitchell said. "And now with the Antipodes Global Fund - UCITS launch, we are ready to offer this same opportunity to offshore investors, a significant step towards realising our global vision for Antipodes Partners." "We are now at a size where opening ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
... syndicates, linked to criminal activity including drug importation, to deposit cash before immediately transferring the funds offshore. CBA is currently reviewing the 580 page statement of claim filed by AUSTRAC in the Federal Court, and has indicated ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... syndicates, linked to criminal activity including drug importation, to deposit cash before immediately transferring the funds offshore. AUSTRAC alleges that CBA ignored legal requirements to assess the risk of money laundering and terrorism financing ...

Government shows commitment to funds management

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
Australian fund managers could see additional offshore funds flow into the sector following the Federal Government's commitment to clarify two key pieces of taxation policy. Announced by Minister for Revenue and Financial Services Kelly O'Dwyer this ...

China awards private fund license to $900bn manager

ALEX BURKE  |  FRIDAY, 14 JUL 2017
... as a key growth market for his group, adding: "Our goal is to be a leading asset manager in China for both onshore and offshore investors and a strong partner to Chinese clients investing overseas." UBS AM head Asia-Pacific Rene Buehlmann said: "UBS ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... the stock market. The onshore yuan exchange rate to the US dollar has appreciated by 2.2% this year to date while the offshore yuan exchange rate has gained 2.4, with both trading at CNY6.80 to US$1. Likewise, the Shanghai composite index has risen by ...

Investors to benefit from $4tn US infrastructure bill

ALEX BURKE  |  WEDNESDAY, 21 JUN 2017
... president head of tax sensitive and insurance strategies Christine Todd said this created further diversification for offshore investors, given that "US municipal bonds have historically shown relatively low levels of volatility and correlation to other ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... this exceeds $100 billion booked within Australia, ANZ said in its submission. ANZ discouraged applying the levy to its offshore branches as it will "also increase the costs of Australian banks that seek to compete overseas." ANZ's UK operations for ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
... should be used for the benefit of citizens of other nations," Brown said. The DoJ said 1MDB funds had been diverted to offshore shell entities to fund, among other things, a 300-foot luxury yacht, international real estate, jewellery, artwork and "certain ...