Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 93 results for "Compliance Committee"

Life insurers breach own code consistently

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... industry, saying insurers breached their Code of Practice hundreds of times in just six months. The Life Code Compliance Committee (LCCC) conducted an investigation and found many insurers breached their commitment to process insurance claims and requests ...

Westpac director heads for the exit

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... Commission in July 2018, joining the bank's Asia Advisory Board and taking a role on the Bank's board risk and compliance committee. The bank confirmed Fung would retain her role as a member of the bank's Asia Advisory Board. Outgoing chair Lindsay Maxsted ...

Investment firm nabs former BlackRock fundie

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... Carter will replace Aylward as a member on each board's sub-committees, including APN RE's audit, risk and compliance committee.

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... stating that Rest should provide: "Agendas, minutes of meetings and all documents placed before the Audit Risk Compliance Committee and board evidencing consideration of any amendments to the RMS relating to climate change." McVeigh's legal team ...

HUB24 announces new board appointment

ALLY SELBY  |  TUESDAY, 3 DEC 2019
... join the HUB24 board from February 2020, using her legal expertise to assist the company's audit, risk and compliance committee. Prior to this appointment, Stringer worked for several national and international law firms, as well as serving as in-house ...

Changes at helm for Perpetual

ELIZA BAVIN  |  FRIDAY, 13 SEP 2019
... them all the very best in their future endeavours." Bullock had been a member of Perpetual's audit, risk and compliance committee and people and remuneration committee. "[Bullock] has brought extensive experience of technology, client relationships ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
At the Macquarie Group annual general meeting chief executive Shemara Wikramanayake said the group was performing in line with expectations, despite the annuity-style businesses, including Macquarie Asset Management, being down. Addressing the AGM ...

OnePath receives first Life Code sanction

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2019
OnePath is the subject of the first sanction to be issued by the Life Code Compliance Committee for failure to stop selling a non-compliant product and remediate customers by an agreed deadline. In July 2017 OnePath self-reported its ANZ Loan Protection ...

Former Morgan Stanley chief to join Westpac board

HARRISON WORLEY  |  WEDNESDAY, 6 FEB 2019
... board of Westpac in March as non-executive directors, and both are set to be appointed to the board risk and compliance committee. Harker is the former managing director and chief executive of Morgan Stanley in Australia, and led the firm's local efforts ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... registered with ASIC. The code is enforced by the AFCA-administered independent body called the Life Code Compliance Committee. "Every aspect of the life insurance industry is under the microscope following the poor behaviour brought to light during ...