Australia
Gilbers and Tobin have published an International Comparative Legal Guide – Fintech 2022. In it, they make reference to the CCIV and Asian Funds Passport. You can read the report here! The Australian Treasury has created a new type of Australian investment vehicle. This Corporate Collective Investment Vehicle (CCIV) will allow both Foreign and Australian […]
New CCIV Tax Video! In a short 6-minute presentation Paul Niederer outlines the known taxation situation with CCIVs or the new Australian Corporate Collective Investment Vehicle. After a general overview, 6 points are covered. Alignment with existing AMIT tax regime A Sub-fund is deemed to be a unit-trust A CCIV is not required to be […]
This is a 5 minute video overview of the new Australian Investment Vehicle called a CCIV. From July 1 2022 Australia gained a new investment structure exists. Your own Investment Company! A CCIV new entity type is limited by shares. A CCIV is a single legal entity and must have at least one sub-fund. Sub-funds […]
What is a CCIV? The simple answer is it is a new corporate form. The letters CCIV stand for Corporate Collective Investment Vehicle. To define it fully in a sentence is not easy. That is why the following bullet points fully outline What a CCIV is. If a sentence had to be written I suggest […]
Tailoring your own CCIV-based investment company can be an expensive business. Normally there are a number of people involved, especially if it has to be built from scratch. What we have discovered is that lots of the aspects of building an investment company are common and can be standardised. That’s our goal with our clients. […]
The Corporate Director of a CCIV is a new role. The Corporate Director is a public company with an AFSL, authorised to operate a CCIV, while primarily responsible for the new CCIVs obligations, it can appoint an Investment Manager The Corporate Collective Investment Vehicle Framework and Other Measures Act 2021 (the CCIV Act) inserts a […]
Lets take a look at the Benefits of CCIVs, the new entity released recently in Australia. This new framework for the regulation of financial services provided by the CCIV and its corporate director, encompasses many licensing and disclosure requirements. Looking at the following benefits you can gain a good picture as to why it came […]
CCIVs and AFSLs. Corporate Collective Investment Vehicles & Australian Financial Services Licenses What are the AFSL requirements for operating a CCIV? Financial services may be provided by the corporate director or the CCIV itself (being a legal entity). A Corporate Director will be required to hold an AFSL. This combination authorises the Corporate Director to […]
Let’s look at the ABCs of New CCIVs. By ABC we mean what are the basics. In a couple of minutes, this overview will give you a good understanding of what the new CCIV structure is about. A CCIV is a new type of company limited by shares. The CCIV will be a single legal […]
How did CCIVs get here? It’s a two-decade journey! The UK has had the umbrella structure for 10 years now is the time for Australia to get a similar structure. For the United Kingdom, like Australia, at that time “unit trusts” were the accepted investment vehicles. The UK government were requested to introduce a corporate […]