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Showing 61 - 70 of 99 results for "ASIC deputy chair Peter Kell"

ASIC hands down multiple bans

KERRIE SYDEE  |  WEDNESDAY, 27 JUL 2016
... September 2014. Following a hearing, ASIC found Batros had contravened a financial services law. ASIC deputy chair Peter Kell said: "Financial planners are required to meet stringent compliance standards to protect the interests of their clients and ...

Last-minute accountant AFSL applications creating ASIC backlog

ALEX BURKE  |  FRIDAY, 8 JUL 2016
... in Australia), we expect that the processing of these applications could take longer than usual," ASIC deputy chair Peter Kell said. "The provision of unlicensed or unauthorised financial services in relation financial products including self-managed ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
... years and failed to advise ASIC in writing, within 10 business days, of becoming aware of the breach. ASIC deputy chair Peter Kell said: "Licencees are required to lodge financial statements with ASIC to demonstrate their capacity to provide financial ...

Banned SMSF adviser charged for misappropriating $1.8m

ALEX BURKE  |  FRIDAY, 20 MAY 2016
... to clients of financial advisers is appropriate for those individuals' needs and circumstances," ASIC deputy chair Peter Kell said.

ASIC orders HSBC remediation plan for "deficient" advice

ALEX BURKE  |  TUESDAY, 17 MAY 2016
... is to ensure that financial products are appropriate for the consumers' needs and circumstances," ASIC deputy chair Peter Kell said. "Where that doesn't occur, ASIC will intervene to ensure that affected clients are reviewed and compensated fairly and ...

ASIC makes two permanent bans

KERRIE SYDEE  |  FRIDAY, 13 MAY 2016
... financial advantage, larceny and using and possessing other people's identification information. ASIC deputy chair Peter Kell said: 'Banning unscrupulous operators like Mr D'Lamartin will ensure consumers can have trust and confidence in the financial ...

ASIC bans ex-NAB planner from the industry

ALEX BURKE  |  WEDNESDAY, 27 APR 2016
... strengthen the alignment of remuneration and incentives to customer outcomes." Commenting on the ban, ASIC deputy chair Peter Kell said: "ASIC will continue to protect consumers by removing those who engage in misleading and deceptive conduct from the ...

ASIC hands Allegianz six month suspension

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
... obligations and licence conditions. ASIC has suspended Allegianz's licence until 10 September 2016. ASIC deputy chair Peter Kell said: "Licensees are required to lodge financial statements with ASIC to demonstrate their capacity to provide financial ...

Advice firm made to take specialist SMSF training

ALEX BURKE  |  THURSDAY, 31 MAR 2016
... SMSF is a significant financial step for consumers and many factors can impact their decision," said ASIC deputy chair Peter Kell. "It is therefore important that consumers receive quality, compliant advice that will assist them in making informed decisions ...

ANZ appoints PwC for OnePath compliance review

ALEX BURKE  |  TUESDAY, 15 MAR 2016
... targeted external audits and additional staff training to improve monitoring, reporting and governance." ASIC deputy chair Peter Kell concluded, "Appropriate compliance and systems to monitor compliance are essential for banks to adhere to their AFS ...