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Showing 91 - 100 of 100+ results for "Peter Kell"

Another former AMP planner cops ban

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... ASIC will take action against financial advisers who do not comply with their obligations," said ASIC deputy chair Peter Kell. Elsewhere, an ASIC investigation has resulted in a former Sydney investment banker being charged. Darren Wayne Thompson pleaded ...

Advisory firm has licence cancelled

MARK SMITH  |  MONDAY, 19 SEP 2016
... statements and auditor reports with ASIC to demonstrate their capacity to provide financial services," ASIC deputy chair Peter Kell said. "Failure to comply with reporting obligations can be an indicator of a poor compliance culture. ASIC won't hesitate ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
... be permanently banned as a result of his convictions involving dishonest and fraudulent conduct. ASIC commissioner Peter Kell said Hill's misconduct was very serious: "ASIC will ban people from the finance industry who act dishonestly and place personal ...

ASIC hands down more permanent bans

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2016
... services or credit laws will result in action by ASIC to remove them from these industries," said ASIC commissioner Peter Kell.

CBA pays $180,000 in penalties

ALEX BURKE  |  WEDNESDAY, 14 SEP 2016
... otherwise led to them being declined, and a further 1,152 were unlawfully given higher overdraft limits. ASIC deputy chair Peter Kell said: "Credit licensees should continuously monitor their internal processes to ensure compliance with the law. "This ...

Unlicensed property investor jailed for six years

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... loss and hardship. ASIC will not hesitate to prosecute this type of deceptive and harmful conduct," ASIC deputy chair Peter Kell said.

ASIC accepts EU from Perth advice firm

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... controls can result in the provision of advice that does not serve the best interests of clients," ASIC deputy chair Peter Kell said. "ASIC is committed to raising standards across the financial services industry. We expect licensees to dedicate sufficient ...

ASIC bans fraudulent broker

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2016
... credit provider. As a result, Farais was handed a one-year intensive correction order in June. ASIC deputy chairman Peter Kell said the case demonstrates how serious the regulator is about tackling loan fraud. "We won't hesitate to take action against ...

Westpac refunds $9.2 million in unfair fees

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2016
... must have effective and robust systems in place to deliver the promised benefits to consumers," ASIC deputy chairman Peter Kell said. "Businesses that rely on manual processes to apply waivers, discounts and other benefits should carefully consider how ...

Unclear disclosure leads to $20 million in refunds

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... charged, so that they can make an informed decision when using financial products and services," said ASIC deputy chairman Peter Kell.