Search Results | Showing 11 - 20 of 70 results for "Karen Chester" |
| | ASIC has been asked if its culture is toxic following the Treasury investigation into deputy chair Karen Chester. At a hearing this morning, a letter written by Secretary Treasurer Kennedy to ASIC chair Joe Longo regarding Chester's conduct was ... |
| | | ... After some discussion behind the scenes, Longo confirmed he had received a letter in relation to ASIC deputy chair Karen Chester. Concerning the issue, Chester said: "Given the nature of Senator Bragg's questions, not directed to myself, I thought ... |
| | | ... "They have each commenced, and six have completed, customer remediation programs," ASIC said. ASIC deputy chair Karen Chester explained consumers need to have the confidence that their insurers will calculate and pay their claims accurately. "With seven ... |
| | | ... marketing. "We expect responsible entities to meaningfully supervise their funds management business," ASIC deputy chair Karen Chester said. "As managed fund gatekeepers, they need to monitor, supervise and ultimately approve the fund's marketing to ... |
| | | ... get on with fair and timely remediations - returning the money they owe to wronged consumers," ASIC deputy chair Karen Chester said. "Licensees must do better at identifying and remediating problems earlier to avoid the costly lag and drag of remediation." ... |
| | | ... trustees, we have secured timely and voluntary amendments to the funds' marketing materials," ASIC deputy chair Karen Chester said. She added that the regulator's primary concern is that retail investors and potentially unsophisticated wholesale investors ... |
| | | ... $15.7 million, while profit-making retail client accounts only made net profits of $1.7 million. ASIC deputy chair Karen Chester said: "Binary options are harmful, high-risk financial products resulting in millions of dollars in losses for retail investors ... |
| | | ... 2021, the Federal Court found that TAL breached its duty of utmost good faith in handling a claim. ASIC deputy chair Karen Chester said: "Our previous reviews and the Royal Commission identified concerns around the misuse of investigative tools by insurers ... |
| | | ... used unfair retention practices to keep customers in the policies when they tried to cancel," ASIC deputy chair Karen Chester said. ASIC believes there are thousands of customers that likely remain entitled to a refund but haven't come forward to claim ... |
| | | ... potential for consumer harm, ASIC can now take quick action to disrupt poor conduct and prevent harm," ASIC deputy chair Karen Chester said. She added that the industry has had sufficient time to implement the DDO regime. "We have targeted surveillances ... |
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