COG takes lending in-house

Finance broker Consolidated Operations Group has announced plans to create an "in-house financial product portfolio" supported by a securitisation program. The company has re-jigged management and boa.. read more

Litigation funders to be reined in

Litigation funders face the prospect of having to submit an annual compliance report to the Australian Securities and Investments Commission and also having to provide security for costs. read more

Regulating ICOs: all ideas welcome

Regulators and policy makers are unsure about how to proceed with the regulation of initial coin offerings, a new Treasury consultation paper concedes. read more

Cashwerkz announces expansion plans

Online term deposit marketplace Cashwerkz appears to be flourishing under the ownership of Trustees Australia, which reported yesterday that investments on the Cashwerkz platform had grown from A$1 bi.. read more

Axsesstoday chief has a mess to sort out

The newly-appointed chief executive of SME lender Axsesstoday takes over as the company is overhauling its capital structure and governance controls in response to breaches of its debt covenants. read more

Mutuals near parity on Tier 2 issues

Mutuals hoping to take advantage of changes to the tax treatment of their Tier 2 issues will only be able to apply the new regulations to notes issued after the regulations are registered. read more