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Showing 21 - 28 of 28 results for "ASIC commissioner Peter Kell"

Ex-Kangaroo and Storm adviser banned for non-compliance

MARK STORY  |  MONDAY, 3 DEC 2012
... paid to him in error by the Commonwealth Bank as a settlement under the CBA Storm Resolution Scheme. ASIC Commissioner Peter Kell concluded that Fullerton-Smith had failed to maintain the high standards expected of a provider of financial services, and ...

Another Commonwealth Financial Planning adviser banned

BEN COLLINS  |  MONDAY, 12 NOV 2012
... considers Gillespie's conduct to be serious. Gillespie's wrongdoing was not an isolated incident," said ASIC commissioner Peter Kell. "Instead Gillespie engaged in a series of conscious and deliberate acts designed to disguise and conceal his non-compliance ...

Cold calling scammer gets 10 year ban

LINDA HAUSKEN  |  TUESDAY, 26 JUN 2012
... funds, previously frozen following ASIC action, will be distributed to investors on a pro-rata basis. ASIC Commissioner Peter Kell said the removal of unscrupulous operators from the financial services sector was critical to creating an environment where ...

ALI penalised after compliance failures

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
... submitted by authorised representatives and the adequacy of compliance resources used by ALI Group. ASIC commissioner Peter Kell said that confidence in the financial services industry depends on licensees having robust compliance procedures in place ...

ASIC flags guidance on code approval

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
... Speaking yesterday at a joint Association of Financial Advisers / Financial Services Council event, ASIC commissioner Peter Kell said the guidance would address a number of issues, including the requirement to do a fact find when giving scaled advice ...

ASIC permanently bans CFD dealer

BEN COLLINS  |  MONDAY, 23 APR 2012
... day-to-day living expenses, as well as to fund various payment entitlements to the investors,' said ASIC commissioner Peter Kell. 'We want to ensure that product providers in the financial services sector act with honesty and integrity. If they do not ...

ASIC to take hard line on deliberately misleading ads

CLAIRE MCGREAL  |  WEDNESDAY, 15 FEB 2012
... services as part of its continued shake up of the financial services system. New guidelines released by ASIC commissioner Peter Kell emphasised the need for promoters to highlight the risk element of products so consumers are fully aware of potential ...

ASIC cancels two financial services licences

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
... licensees to consider whether they need to review and raise their own compliance standards," said ASIC commissioner Peter Kell. Ferguson has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision
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