More than 3 million searches were made on the Personal Property Securities Register (PPSR) during the March quarter 2024. This is up 2.6% from the March quarter 2023. Statistics show the most common search was for motor vehicles by serial number, which accounted for 55.1% of all searches. During the same period, there were more than: - 521,600 new registrations - 333,000 amendments to registrations. The PPSR provides protection for individuals and businesses enabling them to register their assets. It is also where you can check the status of secondhand goods such as machinery or cars to make sure they don’t have any outstanding loans or security interests before you buy. More information about our quarterly statistics and the PPSR is available on our website: https://lnkd.in/g36BVWnG #AFSA #PersonalPropertySecuritiesRegister #PPSR
Australian Financial Security Authority (AFSA)’s Post
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CFOs and Treasurers of TPAs and ACOs need surety bonds/LOC's with ZERO collateral requirements and the lowest possible rates: BEFORE: 60% collateralized at 3% on a $70 MM surety bond AFTER: 0% collateralized at 2% on the same bond Savings: $42M in operating capital in a process that takes seven days.
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CFOs and Treasurers of TPAs and ACOs need surety bonds/LOC's with ZERO collateral requirements and the lowest possible rates: BEFORE DCI: 60% collateralized at 3% on a $70 MM surety bond AFTER DCI: 0% collateralized at 2% on the same bond Savings: $42M in operating capital in a process that takes seven days. Looking for Results like this? Let's Talk
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CFA Level 1 Passed | Valuation | Financial Modelling |NISM VIII Qualified (Equity Derivative) | NISM VA
Hey #connection, Yesterday, I was studying Credit default swaps, which is part of #fixedincome in #CFAL2. While studying this, I got to know about a interesting concept that is factor affecting #CDS pricing and I tried my best to explain it in a simple form. Special thanks to Aswini Bajaj bhaiya for explaining this in such an easy way. #cfa #cfanotes #cfainstitute #cfal3
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#2024SBPUpdate 📢 Did you know that U.S. Department of the Treasury published an updated rule governing the Surety Bond Program (SBP) Reinsurers? Check it out here:➡️https://lnkd.in/eCb7_wtT | #ICYMI - Changes go into effect on 𝐀𝐮𝐠𝐮𝐬𝐭 𝟗, 𝟐𝟎𝟐𝟒.
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CFA Level 1 Passed | Valuation | Financial Modelling |NISM VIII Qualified (Equity Derivative) | NISM VA
Hey #connection, Yesterday, I was studying Credit default swaps, which is part of #fixedincome in #CFAL2. While studying this, I got to know about a interesting concept that is #CDS and I tried my best to explain it in a simple form. Special thanks to Aswini Bajaj bhaiya for explaining this in such an easy way. #cfa #cfanotes #cfainstitute #cfal3
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CFA Level 1 Passed | Valuation | Financial Modelling |NISM VIII Qualified (Equity Derivative) | NISM VA
Hey #connection, Yesterday, I was studying Credit default swaps, which is part of #fixedincome in #CFAL2. While studying this, I got to know about a interesting concept that is #CDS and I tried my best to explain it in a simple form. Special thanks to Aswini Bajaj bhaiya for explaining this in such an easy way. #cfa #cfanotes #cfainstitute #cfal3
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Chartered Accountant - Views expressed are personal "Banking, Business and Books 📚"
𝗖𝗿𝗲𝗱𝗶𝘁 𝗥𝗶𝘀𝗸 𝗕𝘆𝘁𝗲𝘀 - 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗧𝗮𝗻𝗴𝗶𝗯𝗹𝗲 𝗡𝗲𝘁 𝘄𝗼𝗿𝘁𝗵 (𝗧𝗡𝗪) 𝗮𝗻𝗱 𝗔𝗱𝗷𝘂𝘀𝘁𝗲𝗱 𝗧𝗮𝗻𝗴𝗶𝗯𝗹𝗲 𝗡𝗲𝘁 𝘄𝗼𝗿𝘁𝗵 (𝗔𝗧𝗡𝗪) TNW and ATNW are two important metrics in the credit risk management process that are used as a base for comparison with total outside liabilities, and total debt. TNW is arrived at by reducing the intangible assets from the Capital + Reserves as on the date of the balance sheet. ATNW is a modified form of TNW that is arrived at by adding the quasi-equity otherwise called an infusion of money into the business in the form of loans and advances received from promoters, directors, or related parties that are not repayable on demand. Similarly, loans, advances, or investments extended to promoters, directors, or related parties are reduced in arriving at ATNW. The ATNW metric is used to compare the total leverage of the company and also the total outside liabilities. A strong ATNW denotes that a business has a strong capital base against borrowings and outside liabilities. #creditrisk #riskmanagement #Banking #Financialratio
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Chartered Accountant - Views expressed are personal "Banking, Business and Books 📚"
𝗖𝗿𝗲𝗱𝗶𝘁 𝗥𝗶𝘀𝗸 𝗕𝘆𝘁𝗲𝘀 - 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗧𝗮𝗻𝗴𝗶𝗯𝗹𝗲 𝗡𝗲𝘁 𝘄𝗼𝗿𝘁𝗵 (𝗧𝗡𝗪) 𝗮𝗻𝗱 𝗔𝗱𝗷𝘂𝘀𝘁𝗲𝗱 𝗧𝗮𝗻𝗴𝗶𝗯𝗹𝗲 𝗡𝗲𝘁 𝘄𝗼𝗿𝘁𝗵 (𝗔𝗧𝗡𝗪) TNW and ATNW are two important metrics in the credit risk management process that are used as a base for comparison with total outside liabilities, and total debt. TNW is arrived by reducing the intangible assets from the 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 + 𝗥𝗲𝘀𝗲𝗿𝘃𝗲𝘀 as on the balance sheet date. ATNW is an extended form of TNW that is arrived at by adding the quasi-equity otherwise called an 𝗶𝗻𝗳𝘂𝘀𝗶𝗼𝗻 𝗼𝗳 𝗺𝗼𝗻𝗲𝘆 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 in the form of loans and advances received from promoters, directors or related parties that are not repayable on demand. Conversely, loans, advances or investments 𝗲𝘅𝘁𝗲𝗻𝗱𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗯𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 𝗲𝗻𝘁𝗶𝘁𝘆 to promoters, directors or related parties are reduced in arriving at ATNW. 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻 - The ATNW metric is used to compare the total leverage of the company and also the total outside liabilities. A strong ATNW denotes that a business has a strong capital base against borrowings and outside liabilities. #banking #creditrisk #credit #riskmanagement #networth #duediligence
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The RBI NBFC SRO Circular is an interesting move by the regulator in the current lending environment where the dynamics of offtake are evolving for an economy which would soon be the third largest https://lnkd.in/g3BGRYhc #rbi #financialregulation #nbfc #excelurbiz
