30 September LEI deadline looms for SMSFs

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With no further extension of relief by the Australian Securities and Investments Commission (ASIC) in sight, the 30 September deadline for legal entities, including self-managed superannuation funds (SMSFs), to obtain a Legal Entity Identifier (LEI) is fast approaching. “From 1 October, a range of Australian financial services entities – including funds, brokers/traders as well as […]

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Global investment harmonisation to improve investor outcomes

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The Banking Royal Commission has brought the issue of regulation, and consumer protection, top of mind, but it will be important that any increased regulation that occurs as a result is not out of step with the regulatory developments in the rest of the world, says Chris Donohoe, CEO of APIR Systems. Maintaining investor protection […]

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Regional identification regime important for efficient Asia Regional Fund Passport operating model

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The release of draft legislation and launch of a pilot program for the Asia Region Funds Passport (ARFP) is a positive step in the initiative to facilitate cross-border distribution of funds between member jurisdictions. Importantly, the Joint Committee is now considering requirements for ‘passported’ products to ensure that an optimum operating model underpins an efficient regional […]

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Continued growth and enhanced service offering sees APIR expand client servicing team

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APIR Systems has appointed Andrew Dyster to the newly created role of general manager client development. Mr Dyster will be based in Sydney, and will report to the chief executive officer, Chris Donohoe. Prior to joining APIR, Mr Dyster held senior leadership, client service and relationship management positions with One Investment Group, Computershare, Xpedite and Merrill […]

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New European Regulations to impact Australian firms – MiFID II deadline looms

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Australian financial services entities including funds, brokers/traders and trustees of self-managed superannuation funds may be unable to transact with European counterparties from 3 January 2018 if they don’t yet have a Legal Entity Identifier (LEI), says Chris Donohoe, Chief Executive Officer, APIR Systems. “There is a still a large number of LEIs that need to be […]

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APIR Systems partners with London Stock Exchange to issue LEIs to Australian market

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The London Stock Exchange has announced that it has entered in a partnership with APIR Systems, who will act as a registered agent in Australia and South East Asia to support the issuance and maintenance of Legal Entity Identifiers (LEI). The process of acquiring an LEI has recently become more complex, with level 2 data […]

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