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Showing 71 - 80 of 952 results for "Notes"

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... contention that some of its functions would not be better administered by other entities," the report read. "As this report notes, ASIC is a highly profitable operation for the government, making a surplus of $1.4 billion in the 2022-23 financial year. ...

Carlyle, Goldman Sachs give $1.6bn boost to Apex

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... commitments have been made by Carlyle's global credit business and Goldman Sachs Private Credit, committing to Holdco PIK Notes of Apex. Both are already invested in Apex, having first done so in 2020 and again in 2021. Apex said the commitments will ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... the MetLife decision, that complaint is now taken to be valid within AFCA's general remit, the Explanatory Memorandum notes.

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... meeting regulatory requirements and to check for compliance in advice documents and other supporting materials, such as file notes. Padua co-chief executive Matthew Esler said AI is already being used in advice firms around Australia and each stage of ...

APRA warns entities on adequacy of backup systems

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
... of the 'Essential Eight' cyber mitigation strategies outlined by the government's Australian Signals Directorate. "APRA notes through recent supervisory activities that although many entities have backup practices in place, APRA has observed common problems ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... subordinated bonds offer attractive income potential, typically delivering returns above that of senior bank floating rate notes, along with a high degree of capital stability. At the same time, the income paid by these bonds varies in line with benchmark ...

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... managed through two external managers. The fund will provide exposure to credit risk transfer by purchasing credit risk notes from issuing banks insuring the first loss on a diversified pool of high-quality loans, providing regulatory capital relief ...

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
Suncorp Group has appointed Certane CT, a division of MSC Group, as trustee for its successful $360 million notes offer. The unsecured notes will be listed and tradeable on the Australian Securities Exchange (ASX) from 15 May 2024 (ASX: SUNPJ). As the ...

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... estimated at $200 billion. "Banks provide senior funding (with lowest return and risk), we focus on the middle 'mezzanine' notes, which offer attractive return and risk profiles," he said. Perpetual Private research analyst Eddie Lee said: "We continue ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... the case in the February meeting the RBA remains cautious, like some other central banks," Oliver said. "In this regard it notes that inflation remains high, services inflation remains a concern with continuing excess demand in the economy, wages growth ...