Norwegian Air booked an impairment charge of 12.8 billion crowns in the fourth quarter as it cancelled a major Airbus order and plans to shrink its current fleet to avoid bankruptcy.. | March 4, 2021
“The inevitable result of this is an increasing number of unintended consequences which will have negative implications for financial advice practices and flow on effects in terms of extra cost and complexity for clients. These issues will need to be fixed down the track.”
While the AFA was “pleased” the Government had made significant improvements to the final
Hayne Royal Commission Response No. 2 Bill, it said it was disappointment it had failed to take onboard its feedback.
The Government would need to work out how to fix the important issue with timing differences with fee disclosure statements (FDSs), that had led to ASIC recommending that advisers manually check product systems to confirm that FDSs were correct. The failure to address this as part of this reform, when the Government was simultaneously talking about red tape reduction, was disappointing.
Kamux s transfer of own shares for payment of share-based incentives 2020
HELSINKI, Feb. 26, 2021 /PRNewswire/ The Board of Directors of Kamux Corporation ( Company ) has confirmed the remuneration to be paid to the key personnel of the Kamux Group in accordance with the terms and conditions of the share-based incentive scheme and the earnings criteria set for the year 2020. According to the terms and conditions of the share-based incentive scheme 2020 and after the deduction of the cash payment portions of the remunerations meant for taxes and tax-like contributions, 25 persons included in the 2020 share-based incentive scheme shall receive a total of 4,894 existing shares held by the Company through a directed share issue without consideration. The issuance of is based on the authorization given to the Board of Directors by the Company s Annual General Meeting on 21 April 2020.
WatersTechnology.com Bloomberg RHub fee hike reflects cost pressures of regulatory reporting industry
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses. Print this page
Bloomberg is raising the price of its Regulatory Reporting Hub (RHub) services by introducing a new flat fee and price range for a higher reporting threshold,
WatersTechnology has learned.
The pricing model revamp will apply to a group of consolidated services under RHub, including Bloomberg’s original regulatory reporting offerings and the acquired RegTek Solutions product line. RHub supports reporting covering regulations such as the revised Markets in Financial Instruments Directive (Mifid