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Centuria Capital Group has swiftly provided a response to media reports suggesting that its exposure to the Bathla Group, a Sydney-based property constructor and developer, raised questions over its governance, following a downgrade of one of its private credit funds this week.
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Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
The continuing lack of common sense & accountability & responsibility never ceases to amaze me. Here is the Lead person for ASIC again as a prime example. If you are an authorised rep under an AFSL - the AFSL already has to ensure that you meet all of your ongoing CPD/Training & have to be fit/proper for purpose - otherwise WHY are the AFSL's licencing them in the 1st place ?
Another beautiful "handball" too about the exam - yes we are responsible for administering it, but we have nothing to do with the format or what is in it - i.e. Not My Problem !!! And Stephen Jones wants to hire an extra 8,000 public servants.
If you are an authorised representative under an AFSL and registered on the Financial Adviser Register - ASIC should simply be able to "copy and paste" the list to FCSP - this should be a "No Brainer"