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Showing 681 - 690 of 7150 results for "Corporate"

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... been available on the Kraken exchange for several years without a legally required target market determination. The corporate regulator argued that the obligation to repay a digital asset or national currency was a deferred debt, and therefore the "margin ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... half of EQT's revenue is sourced from fund governance and trustee services under TWS, reaching $99 million in FY24. Corporate and superannuation trustee services account for 41% of revenue at $72 million. EQT's statutory net profit after tax ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... both feasible and beneficial to shareholders," it said. "The intent of this strategy was to unlock value by reducing corporate expenses, while retaining access to key investment capabilities. It involved simultaneously selling three of PAC's assets to ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
The Australian Securities and Investments Commission (ASIC) has unveiled its corporate plan for the next 12 months, with the superannuation industry in the firing line. ASIC said its review of the superannuation industry has been a multi-year project ...

HMC Capital sees earnings soar 57%

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... asset manager said it would be onboarding a new specialist investment team later this year to broaden capability in corporate and asset-based private credit under the leadership of HMC Private Capital chair Matt Lancaster. Looking ahead, HMC said it ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... until October 1, when he goes on gardening leave and continues to work with the board to complete the sale of Perpetual Corporate Trust and the wealth management unit that will overhaul the firm into a standalone asset manager. Kohlberg Kravis Roberts ...

Bennelong, Leadenhall launch ILS fund

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... insurance markets have been shown to operate on a different cycle to traditional investment markets, such as equities, corporate bonds, and property, while ILS can therefore help diversify asset risk in an overall investment strategy. Bennelong chief ...

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
... July 2023. It has also seen the closure of 1065 phishing scam hyperlinks and 615 cryptocurrency investment scams, the corporate regulator revealed. The takedown follows an earlier warning on "fake news" articles and "deepfake" videos of public figures ...

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... 2022 that the project remained "on-track for go-live" in April 2023 and was "progressing well" were misleading. The corporate regulator also alleged the statements implied the project was tracking to the ASX's announced project plan and was on track ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... directors. Bragg said "the Cbus/CFMEU scandal" demonstrates that union-dominated boards can't be consistent with good corporate governance. He called for the government and regulator to pressure Cbus to cut ties with the CFMEU. Other commentators ...