MSC Trustees acquires Certane Corporate Trust
MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital.
Source: financialstandard.com.au
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Sargon's AET Corporate Trust business acquired by Melbourne firm
MSC is buying the business after nearly two years of negotiations with current owners – New Yorker Teddy Wasserman’s CloverHill Capital and Aussie banker Matthew Kibble.
Source: afr.com
ASIC grants MSC Trustees new powers
ASIC has bestowed MSC Trustees new powers to act as a trustee for debt instruments such as debentures and bonds issued by public companies, a first for an Australian corporate trustee.
Source: financialstandard.com.au
ASX Continues Board Renewal, Announces Changes To Directors
<p><span>ASX Limited (ASX) Chairman Damian Roche welcomes two new non-executive directors, continuing the Board’s commitment to refresh talent, skills and experience of its directors. Vicki Carter and Luke Randell will join as nonexecutive directors with Ms Carter’s appointment effective from 2 February 2023 and Mr Randell’s from 3 April 2023. Ms Carter and Mr Randell will stand for election at ASX’s Annual General Meeting on 19 October 2023.</span></p>
Source: mondovisione.com
FSC releases claims handling standard for super funds
The Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation.
Source: financialstandard.com.au