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Showing 1 - 10 of 98 results for "ASIC deputy chair Peter Kell"

ASIC and Austplan agree to mutual breakup

DARREN SNYDER  |  FRIDAY, 26 OCT 2018
... by its representatives. ASIC is continuing to make enquiries in relation to the advice provided. ASIC deputy chair Peter Kell said: "AFS licensees have an obligation to ensure that their representatives are adequately trained and competent to provide ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
... school banking programs. It will also set out principles for appropriate conduct and good practice. ASIC deputy chair Peter Kell noted the importance of transparency in school banking. "ASIC wants to understand the motivations and behaviours around school ...

ASIC outlines code monitoring expectations

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... 1 November and 31 December. Final applications will be expected between 1 June and 30 June 2019. ASIC deputy chair Peter Kell said ASIC is committed to ensuring robust, transparent, fair and consistent compliance schemes that effectively monitor and ...

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... to strengthen the regulator in the face of the new Banking Executive Accountability Regime (BEAR). ASIC deputy chair Peter Kell tendered his resignation after seven years in the role. Kell joined ASIC in 2011, having previously served as deputy chair ...

Kell resigns from ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
ASIC deputy chair Peter Kell is resigning after seven years in the role. Treasurer Josh Frydenberg said Kell's experience and understanding of corporate regulation has been appreciated by successive governments as well as members of ASIC. Kell joined ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... dropped; the property was untenanted; or if the clients experienced cash flow problems, Evans added. ASIC deputy chair Peter Kell said the banning should remind advisers that compliance with the best interest duty requires them to use their expertise ...

ASIC marks AFCA milestone

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... approve material changes to the AFCA scheme and part of its role in overseeing the operation of AFCA. ASIC deputy chair Peter Kell said approval of the AFCA rules and the independent assessor terms of reference follow a period of public consultation ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... properly resourced code administrator with appropriate coverage across the industry," ASIC said. ASIC deputy chair Peter Kell said that while some improvements have been made by trustees, there is "considerable work to do to raise standards in the areas ...

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... and interest rates, they may not have enough equity remaining in the home for longer-term needs. ASIC deputy chair Peter Kell said the review shows lenders and brokers need to make inquiries that would lead to a genuine conversation with customers about ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... possible extent." More recently, fronting the House of Representatives Standing Committee on Economics, ASIC deputy chair Peter Kell said the regulator has not had a chance to consider an actual timeframe for phasing grandfathered commissions out.
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