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Showing 41 - 50 of 181 results for "Karen"

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... months and it will not impose a limit of a single sub-fund on corporate directors of wholesale CCIVs. ASIC deputy chair Karen Chester said: "We are committed to supporting the implementation of the new CCIVs regime. Going forward, ASIC will be responsible ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
... keeping up to date with regulatory developments and ensuring disclosures are also reflected correctly. ASIC deputy chair Karen Chester said managed funds and super funds are responding to the increasing investor demand for sustainability-focused investments. ...

ASIC scrutinises managed fund marketing

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... grapple with historically low yields alongside the outlook of even greater global risks and uncertainties," ASIC deputy chair Karen Chester said. "ASIC remains concerned that managed fund promoters continue to target consumers, particularly retirees ...

ASIC opens CCIV licensing consultation

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... corporate directors and assists them with compliance; it also administers the registration process for CCIVs. ASIC deputy chair Karen Chester said: "ASIC is committed to supporting the effective implementation of the CCIV regime. Ensuring the regulatory ...

SSGA creates regional ESG role

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... Xinting Jia joins as environmental, social and governance investment strategist for the Asia Pacific region. She reports to Karen Wong, the global head of ESG and sustainable investing, and regionally to Michele Barlow, head of strategy and research ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... considering investments, they need to be provided with accurate information that doesn't mislead them," ASIC deputy chair Karen Chester said. "ASIC was concerned that these investment products were being sold as stable and more liquid when they were ...

ASIC launches remediation review

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
... industry to ensure that AFS licensees act efficiently, honestly, and fairly when remediating consumers. ASIC deputy chair Karen Chester said one of the most common stumbling blocks in the remediation process is underinvestment in systems. "This underinvestment ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... 2021. However, the scheme remains active, as does the Ultiqa Group entities. On the back of this action, ASIC deputy chair Karen Chester put the timeshare industry on notice, warning that it must comply at all times with its obligations like other financial ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... the media for largely profiting during the pandemic yet refuse to repay the government. Federal Minister for Home Affairs Karen Andrews said in a Gold Coast-based radio interview that the legislation doesn't require the repayment of JobKeeper "but ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... average for large financial institutions to identify incidents that proved to be significant breaches. ASIC deputy chair Karen Chester said: "Today's remediation tally reveals how much consumer harm these delays caused, and ultimately at great cost to ...