31-40 of 629 results
Build to rent: from 'nice-to-have' to 'must-have'
Build-to-rent (BTR) is one of the most effective keys to alleviating Australia's housing crisis. It can provide a significant amount of housing supply nationally and at speed, in an environment where demand is growing and supply is shrinking. ...
MAC conditions: more disclosure but no real change to market practice
MAC conditions have long been a feature of managing completion risk in public M&A transactions in Australia—utilising triggers based on either or both quantitative and qualitative measures. However, in 2022 ASIC published its concerns on the formulation of these conditions and, in particular, its expectation that MAC conditions include objective and 'quantifiable' triggers. ...
Part 1 – Detailed Analysis of CPS 230 and comparison with existing standards
Operational risk has been a headline issue in the superannuation, insurance and banking industries over recent years, so it is no surprise to see APRA sharpening its focus on operational resilience with the release of a new draft prudential standard, CPS 230. In this Insight we provide an overview of CPS 230 and what it will mean for you. ...
Setting a new standard: a guide to APRA's operational risk management reforms
Given the tight timeframes proposed, APRA regulated entities should begin to review their operational risk management processes and arrangements against draft CPS 230 – see our practical implementation guide here. ...
Fundraising – making the most of convertible notes
A noticeable fundraising trend in the first half of calendar year 2023 has been ASX-listed entities issuing convertible notes to strategic investors – which has caught the ASX's attention. In this Insight, we explain what potential issuers and investors need to know when issuing convertible notes. ...
Understanding the 2023 Queensland Renewable Energy Zone Roadmap
The Queensland Government has now released a draft Renewable Energy Zone Roadmap (REZ Roadmap) for consultation. The REZ Roadmap is open for consultation until 22 September 2023. In this Insight we provide details on the focus questions and explain how to submit your feedback. ...
State Bank of Vietnam tightens control over onshore lending
On 28 June 2023, the State Bank of Vietnam (SBV) issued Circular 06/2023/TT-NHNN (Circular 06) to amend Circular 39/2016/TT-NHNN (Circular 39) on lending activities of credit institutions and foreign bank branches in Vietnam. Circular 06 will take effect from 1 September 2023. ...
Long-anticipated rules on cross-border lending into Vietnam finally issued
After various rounds of drafts and consultations, on 30 June 2023 the State Bank of Vietnam (the SBV) finally issued the long-anticipated regulations on non-government guaranteed cross-border foreign loans under Circular No. 08/2023/TT-NHNN (the New Circular). ...
Closing valuation gaps, unlocking value
The current Australian M&A landscape continues to be marked by a tough valuation environment, with bid-ask spreads, interest rate uncertainty and an uncertain macroeconomic backdrop making completion of transactions difficult. ...
Key considerations for customer-owned bank mergers
The consolidation of the mutual banking sector in Australia, as evidenced by recent mergers involving four of the country's largest customer-owned banks, is a response to competitive pressures and the need to scale technology, funding and compliance costs. ...