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Showing 451 - 460 of 696 results for "Custodian"

Law must change on corporate actions automation: DST

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
Outdated and unnecessary legislative standards are holding back the automation of corporate action activity, according to DST Global Solutions head of business development Rhys Octigan. While most areas of the financial services industry are swiftly ...

Government agnostic on portfolio holdings disclosure

JAMES FERNYHOUGH  |  MONDAY, 2 DEC 2013
The government has given little away about its preferences regarding the depth and rigour of portfolio holdings disclosure, following Assistant Treasurer Arthur Sinodinos' release of a discussion paper on this subject last week. Part of the Stronger ...

IOOF joins Calastone's automated network

MARK SMITH  |  TUESDAY, 26 NOV 2013
IOOF has joined Calastone's global funds transaction network, which allows the automation of fund transactions between different fund managers and distributors. Previously, platforms and funds were communicating exclusively by fax machine. Calastone ...

ASIC backs down on custody whistleblowing requirements

JAMES FERNYHOUGH  |  FRIDAY, 22 NOV 2013
... actively look for unlawful or suspicious activity in the responsible entities of scheme property. However, the Australian Custodian Services Association (ACSA), objected to this requirement on the grounds that it did not fall within the duties of a custodian. ...

Cbus shifts custody from NAB to JP Morgan

JAMES FERNYHOUGH  |  TUESDAY, 19 NOV 2013
Industry super fund Cbus has confirmed that J. P. Morgan will be the fund's new custodian, after 20 years with National Australia Bank (NAB) Asset Servicing. J.P. Morgan will take over custody of Cbus' almost $25 billion funds under management in 2014. ...

CBA follows ASIC's lead in Senate submission

LAURA MILLAN  |  MONDAY, 18 NOV 2013
... holders who seek to authorise the financial planner under their AFSL. CBA also suggested that ASIC should be the sole custodian and administrator of such a passport scheme "to protect the privacy of financial planners." The submission acknowledged that ...

ASIC's whistleblowing demands too extreme: ACSA

JAMES FERNYHOUGH  |  TUESDAY, 12 NOV 2013

Electronic reports signify Stronger Super milestone

MARK SMITH  |  MONDAY, 11 NOV 2013
Forty seven superannuation funds representing over 4 million members have for the first time lodged electronic reports to the Australian Prudential Regulation Authority (APRA) as part of the new standards outlined in the Stronger Super reforms, marking ...

Mercer picks Milestone's APRA reporting solution

JAMES FERNYHOUGH  |  WEDNESDAY, 6 NOV 2013
Mercer Australia has chosen Milestone Group's pControl Regulatory Oversight service to meet the new Australian Prudential Regulation Authority (APRA) reporting standards that are part of the Stronger Super reforms. The new reporting standards have seen ...

Court dismisses case against Trio director after APRA EU

LAURA MILLAN  |  THURSDAY, 31 OCT 2013
... undertaking from him. The regulator has banned him from acting as a trustee or as a responsible officer, investment manager or custodian of an APRA-regulated superannuation entity for a period of ten years. Millhouse was a director of Trio Capital from ...