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Showing 71 - 80 of 305 results for "Tranche"

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
More than $17.4 million has been made in compensation payments to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... Lykouras said that it puts JBWere in a "strong position now to focus and support the Quality of Advice Review". The first tranche of reforms stemming from the QAR will ease regulatory and administrative burdens, such as abolishing the Safe Harbour Steps ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... settlement amount will be met by available insurance proceeds," AMP said. "This settlement does not impact the current second tranche of capital return to shareholders and we remain committed to updating the market on the third tranche of capital return ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... judgment and other litigation matters, we are taking a prudent approach with our capital and liquidity and will pause tranche three of the capital return. We will review the decision to pause tranche three by no later than the end of the year." In July ...

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... consideration of up to $3.15 million is payable in cash and shares over a period of two years post completion. The final tranche is subject to a performance hurdle payable in July 2025, Sequoia said. "The acquisition will be funded from Sequoia's strong ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... gap highlighted by APRA was the inadequate definition and execution of control testing programs. Findings from the first tranche revealed that entities' testing programs were incomplete, inconsistent, lacked independence and did not provide adequate ...

Qualitas signs $1bn credit mandate

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
A global institutional investor will incrementally drip $1 billion into Australian commercial real estate (CRE) private credit opportunities via Qualitas. The unnamed investor will make investments in tranches, starting with $220 million to be seeded ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
ASIC has further staged the implementation timeframe for internal dispute resolution data reporting. In total, 8600 financial firms will report their customer complaints data for the first time under the framework. The first group to do so comprised ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... Yesterday, Jones released the outcomes of the Your Future, Your Super review in which the performance test forms a significant tranche of the legislation. The review also found improvements to be made to stapling, stating that those moving to high-risk ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... The second fund raise comes after the platform initially secured $1.2 billion in its first fund, fast-tracking its first tranche of BTR assets totaling 2000 apartments last year. The majority of GQ's first fund has now been deployed into four prime assets ...