On 26/2/13 the Australian Financial Review ran a story advising that the period for a bank account to be declared “dormant” has reduced from seven years to three years. The article cites legislation passed last December. By 31st March all authorised deposit taking institutions must lodge an unclaimed money return to...

On November 10 2012 Sean Rothsey presented this  compiled overview to Committee Members of the Finance, Legal and Taxation Committee of the Australian Chamber of Commerce in Hong Kong to assist its members navigate, or assist clients of members to understand and navigate regulatory issues in the Financial Services...

Once again the global financial markets continued to issue challenges to investors and traders alike in the 12 months to 31 December 2012 . Total ASX Market turnover per month has been  fluctuating at at contract volumes of between 10,722,707 to 15,259,270 notes per month ( equity trades only...

Hong Kong Capabilities  enhanced commencing February  2013 . Simon Potter – Advisor Simon Potter is a Founding Partner of Business Succession Partners Ltd , a Hong Kong firm facilitating outcomes for business owners and business professionals particularly in the Family Office space. Commencing 1 February 2013 Simon assists The Merkin...

Late in 2012 Sean Rothsey was invited to present at a conference organised by  a Global Alliance of Mid Cap Market financial services firms in  Modica Ragusa in Sicily from  19 to 22 October 2012. With the assistance of GE  Capital Australia he prepared the below report. GE Australia...

Australian Chamber of Commerce Hong Kong and Macau Sean Rothsey is  an experienced public and private company director and family office specialist, with skills in capital markets, private equity , funds management , asset management , succession control, wealth management and preservation, globalisation and cross border transactions.  With  transactional...

Assets of collapsed MINC Financial Services were acquired yesterday by MDS Financial Group, in a move which places MDS Financial in a strategically strong position and provides continuity of service for MINC clients affected by the company’s recent move to voluntary administration. Under the terms of the agreement reached...

MDS Financial Group Limited (ASX: MWS) is pleased to advise that its Corporate Advisory division has successfully raised $10 million for the initial public offering for Allmine Group Ltd (ASX: AZG). Official quotation of Allmine’s securities will commence today at 2.00pm EDST. The oversubscribed IPO saw Allmine Group issue...