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Showing 31 - 40 of 816 results for "Settlement"

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
... ongoing service fees charged to group members for services they did not receive between July 2014 to February 2021. The settlement is subject to the finalisation and execution of a deed of settlement and approval by the Federal Court. AMP said in reaching ...

APAC investors push for 24-hour trading in US markets

ELIZA BAVIN  |  FRIDAY, 5 DEC 2025
... digital venues and create opportunities for new products, such as overnight futures, and improvements in clearing, settlement, and risk management," the whitepaper said. "This competitive dynamic accelerates industry innovation and strengthens the market ...

ASX suffers another outage

ELIZA BAVIN  |  MONDAY, 1 DEC 2025
... the associated announcement has been published." Financial Standard understands there were no issues with clearing or settlement and the outage was just a publication issue. This comes after the Reserve Bank of Australia (RBA) and ASIC calling out the ...

CalSTRS secures US$190m settlement against Meta

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
The California State Teachers' Retirement System (CalSTRS) has won a landmark settlement against current and former directors and officers of Meta. The derivative lawsuit was brought to the Delaware Court of Chancery several years ago on behalf of Meta ...

Clime shutters two funds, offloads retail book

KARREN VERGARA  |  TUESDAY, 25 NOV 2025
... retail financial advice and targeted solutions to private clients, family offices and not-for-profit entities. The settlement is expected to occur on December 19. If it proceeds, Clime will receive a $0.4 million cash consideration within 90 days of ...

APRA stress tests for potential ASX failure

ELIZA BAVIN  |  THURSDAY, 20 NOV 2025
... financial shock, the impacts would be exacerbated. The ASX has come under fire throughout the year for the CHESS batch settlement failure incident that occurred on 20 December 2024. Both the Reserve Bank of Australia (RBA) and ASIC lambasted the ASX ...

Majority reject crypto investments in super fund: Swyftx

MATTHEW WAI  |  THURSDAY, 6 NOV 2025
... dollars into blockchains because the technology is so efficient," he explained. "It is simply a matter of time before the settlement rails; we all use are underpinned by blockchain technology because it is much faster and much cheaper. The annual stablecoin ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
... Employer Super and Commonwealth Essential Super. Today, Shine Lawyers announced the parties have reached an in-principle settlement of $140 million, with the formal settlement deed still pending. The settlement is without admission of liability, it noted. ...

APRA to rejig non-traditional service providers framework

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
... defines NTSPs as providers that are typically market-mandated, such as stock exchanges, payment schemes or clearing and settlement facilities. Arrangements with such providers often lack formal contracts or rely on standardised, non-negotiable terms. ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... investors, or 60% of the Shield units - can accept a windfall from the ETF sale or leave the remaining ETFs in place. The settlement will include an end to the Keystone liquidation," he said. Chiodo is also proposing to push back the court-ordered mediation ...