Search Results | Showing 141 - 150 of 476 results for "ASIC commissioner" |
| | | ... submission that CBA tried to quickly remedy the error and found the delay "particularly troubling". As such, ASIC commissioner Sean Hughes said when financial institutions discover overcharging, they must take immediate action to remediate impacted consumers. ... |
| | | | ... options' product characteristics make them incompatible with investment or risk management use by retail clients," ASIC commissioner Cathie Armour said. "ASIC's product intervention order will protect retail investors from these harmful products at a ... |
| | | | ... conducting a sales campaign aimed at rolling customers into Westpac products under the banner of general advice," ASIC commissioner Danielle Press said. "By clarifying the distinction between tailored, quality, personal advice in the customer's interest ... |
| | | | ... during the ongoing pandemic where there is still uncertainty around restrictions on gatherings and travel," ASIC commissioner Cathie Amour said. Full details are to be released over coming days. ASIC said it will not be providing a no action position ... |
| | | | ... providing financial services must not prioritise their own interests or simply implement client instructions," ASIC commissioner Danielle Press said. "Individuals and organisations entering into court enforceable undertakings with ASIC have binding obligations ... |
| | | | ... commercial standards of decency and fairness, ensuring claims are handled in a fair, transparent and timely manner," ASIC commissioner Sean Hughes said. "This case was highlighted by the Royal Commission. These stories matter not just to individual policyholders ... |
| | | | ... Client Protection Policy was to exclude or limit Dover's liability to clients to its own financial benefit," ASIC commissioner Danielle Press said. "The significant penalties handed down today demonstrate the seriousness of this misconduct and will act ... |
| | | | ... ability to identify and take enforcement action against complex markets and financial services contraventions," ASIC commissioner Sean Hughes said. The immunity will be only granted to the first person who satisfies the immunity criteria and reports ... |
| | | | ... advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's National Conference via video link that several key projects are progressing ... |
| | | | ... exceeded $2.2 million and that CBA's conduct in relation to this resulted from inadequate systems and processes. ASIC commissioner Sean Hughes said: "Financial services institutions need to have appropriate systems, governance and controls in place to ... |
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