ASIC welcomes the Government’s commitment to creating new design and distribution obligations in relation to financial products and strengthening consumer protection by introducing a product intervention power
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 has now been through its second reading debate on 24 October 2018 in the House of Representatives. The purpose of the Bill is to overcome gaps in the current regulatory regime and promote the provision of suitable financial products to consumers.
Sydney, August 3, 2018 – As part of its current $225million capital raise, Sydney-based media and entertainment fund Upsense Media Capital announced today the closing of an AUD $80million capital commitment deal in an agreement with Global Pictures Media. Global Pictures Media provides this capital in partnership with Horizon Media who is the largest privately
Global Merces Funds Management Selects SS&C for its Investment Accounting and Mutual Fund Administration Platform
Investment manager selects combined HiPortfolio and HiTrust solution, signaling first Australian client win from SS&C following the DST acquisition June 14, 2018 (PR NEWSWIRE) – Global Merces, innovative alternative asset manager, today announces that global provider of financial services software and software-enabled services, SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), is selected for investment accounting, asset
MEDIA RELEASE Core transaction platform now Integrates with compliance platform, streamlining the investment journey and online experience. SYDNEY, 8 MARCH 2018 – Global Merces today announced its recently released FUND.ID regtech automation system will be implemented within the CoVESTA property investment platform. FUND.ID will deliver a highly efficient, cost effective and secure customer application process
MEDIA RELEASE Electronic signature, bank level encryption and certified identification onboard fund investors in under five minutes SYDNEY, 8 MARCH 2018 – Financial services innovator Global Merces is rolling out Australia’s latest innovative regtech solution to automate the online processing of managed fund applications. FUND.ID is one the industry’s most robust end-to-end investor application system