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Friday, April 30, 2004
Debenture requirements In a recent Information release ASIC has reminded debt raisers of their disclosure obligations and in particular of their obligation to correctly describe the type of debt instrument they are issuing. An instrument cannot be decribed as a debenture if it is not secured over the issuer's assets. Such an instrument should be called "an unsecured note".
Thursday, April 29, 2004
Financial Services Forum update Deborah Latimer the Head of Compliance Solutions at BT Financial Group has been confirmed as a speaker at our Financial Services Forum on 17-18 June.
Thursday, April 22, 2004
Another insurer demutualises The Guardian reports on the demutualisation of UK Insurer Standard Life. The article reports that " Building societies, the other pillar of the sector, also said there was no need to reconsider their status despite some doomsayers arguing the decline of Standard Life had shown that mutuals lacked the financial muscle of listed counterparts."
Friday, April 02, 2004
Financial Services Forum update The Banking and Financial Services Ombudsman Colin Neave has been confirmed as a speaker at our Financial Services Forum on 17-18 June.
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