511-520 of 1006 results
Allens advises Westpac on zipMoney investment
Allens has advised Westpac on its $40 million investment in listed Fintech zipMoney. The deal includes a $40 million equity investment, a grant of up to 9.8 million performance options and a ...
Allens advises DUET Group on proposed $1.4 billion energy acquisition and $1.67 billion capital raising
International law firm Allens has advised energy utility assets operator DUET Group on its proposed $1.4 billion acquisition of Energy Developments Limited and $1.67 billion equity raising to fund ...
Allens advises bank syndicate on $300 million banking facility
Allens has acted for a syndicate of banks in the establishment of a $300 million syndicated banking facility for business equipment financier Silver Chef Limited. The banking partnership with ANZ, ...
ASIC's no action position on the wholesale/retail test for self-managed super funds
The Australian Securities and Investments Commission has announced that it will take no action where a self-managed superannuation fund trustee is treated as a wholesale client notwithstanding that the trustee does not have to meet the 10 million net asset threshold even though the financial service ...
Move to require big banks' participation in comprehensive credit reporting
The Federal Government has introduced draft legislation to establish a long-awaited mandatory comprehensive credit reporting regime for the major banks from 1 July 2018 Partner Gavin Smith Senior Associate Emily Cravigan and Lawyer Dougald Coulson report ...
Financial advice - vertically integrated institutions and conflicts of interest
ASIC has released its report on financial advice provided by vertically integrated institutions which is likely to be read with great interest by Commissioner Hayne and his team Senior Regulatory Counsel Michael Mathieson and Partner Michelle Levy report ...
AFCA's powers and obligations - 'systemic issues'
In his Interim Report, Commissioner Hayne rejected claims that misconduct in the financial services sector was the fault of 'a few bad apples' and did not raise 'broader or systemic concerns. This Insight considers what can and should be done about such systemic issues. ...
Infrastructure investment in Australia - the road ahead for institutional investors
With large-scale privatisations slowing and intense competition for assets that do come to market institutional investors are looking to non-traditional assets to provide similar long-term stable and predictable returns ...
What might the PC review into superannuation mean for fund investments?
The Productivity Commission Draft Report into the Efficiency and Competitiveness of Australias superannuation system weighing in at a substantial 549 pages contains a treasure trove of information on and analysis of a wide range of aspects of the industry ...
BEAR Bill implementation date likely to change
This afternoon the Senate Standing Committee on Economics released their report on the Treasury Laws Amendment Banking Executive Accountability and Related Measures Bill 2017 BEAR Bill The Economics Committee recommends that the BEAR Bill be passed but recommends the commencement date be pushed out ...