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Showing 541 - 550 of 819 results for "Settlement"

First transaction takes place on ASX mFund service

MARK SMITH, ALICE URIBE  |  THURSDAY, 8 MAY 2014
The first transaction of using the ASX's much-anticipated managed funds settlement service dubbed mFund took place this week, just ahead of its official launch in Sydney today. APN Funds Management and Bell Direct were the first participants. ASX senior ...

Court rules against S&P in Lehmann Brothers class action

LAURA MILLAN  |  THURSDAY, 8 MAY 2014
... stated that the claimants had an arguable case. He also considered that S&P was subject to Australian jurisdiction. A settlement reached with the liquidators of Lehman Brothers in Australia last November will see 80 claimants recover about half of the ...

May worry

BENJAMIN ONG  |  MONDAY, 28 APR 2014
You can almost taste it. It's nearly here. That time of year when that age-old Wall Street adage tells us to go away. May is coming! And right on cue, we get spooks from renewed and escalated tension in the Ukraine and more evidences of a slowing China ...

Investors get conditional agreement against Great Southern

ALICE URIBE  |  MONDAY, 10 MAR 2014
Litigation funder Bentham IMF has reached a conditional settlement against the collapsed agricultural investment scheme Great Southern. According to a release on the ASX, the terms of the settlement remain confidential to the parties and are to be the ...

Chinese currency reforms to transform bond benchmarks

MARK SMITH  |  WEDNESDAY, 5 MAR 2014
... globally." Briscoe said the recent announcement of an agreement between ASX Group and Bank of China to deliver renminbi settlement services to the Australian and Chinese financial markets was an important step in this regard. The Reserve Bank of Australia ...

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... ASX (ASX:ASX-AU) and Bank of China (Shanghai Stock Exchange: 1988-SZ) said on Tuesday that they will provide a yuan settlement service to Australian and Chinese financial markets by mid-year, marking the latest step in the yuan's development as a global ...

ASX managed fund service gets go-ahead

JAMES FERNYHOUGH  |  THURSDAY, 6 FEB 2014
The ASX's mFund Settlement Service (mFund), formally known as AQUA II, has cleared the final regulatory hurdle and is provisionally set to launch at the beginning of the second quarter this year. The Australian Transaction Reports and Analysis Centre ...

ASIC takes most action against small business owners

LAURA MILLAN  |  MONDAY, 3 FEB 2014
... were criminal procedures. The regulator highlighted "notable outcomes" such as the appeal against the $82.5 million settlement between Storm Financial victims and Macquarie Bank. ASIC also secured EUs with a number of high profile companies including ...

ASX managed funds services gets ASIC nod

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
The Australian Securities Exchange (ASX) has cleared the most significant hurdle on the road to its 'mFund Settlement Service' - the third incarnation of AQUA II - after the Australian Securities and Investment Commission (ASIC) gave it the go-ahead. ...

IBA launches REIT for indigenous investors

JAMES FERNYHOUGH  |  FRIDAY, 13 DEC 2013