The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 29 results for "Sean Hughes"|
|... financial and reputational risk for failing to have the systems in place to prevent overcharging," ASIC commissioner Sean Hughes said. Following an investigation by ASIC, CBA admitted to false or misleading representations and engaged in misleading and ...|
|... that CBA tried to quickly remedy the error and found the delay "particularly troubling". As such, ASIC commissioner Sean Hughes said when financial institutions discover overcharging, they must take immediate action to remediate impacted consumers. "Financial ...|
|... of decency and fairness, ensuring claims are handled in a fair, transparent and timely manner," ASIC commissioner Sean Hughes said. "This case was highlighted by the Royal Commission. These stories matter not just to individual policyholders, but to ...|
|... identify and take enforcement action against complex markets and financial services contraventions," ASIC commissioner Sean Hughes said. The immunity will be only granted to the first person who satisfies the immunity criteria and reports the misconduct ...|
|... million and that CBA's conduct in relation to this resulted from inadequate systems and processes. ASIC commissioner Sean Hughes said: "Financial services institutions need to have appropriate systems, governance and controls in place to ensure they ...|
|ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...|
|... fraud to take action against dishonest conduct especially where savings for retirement are at risk," ASIC commissioner Sean Hughes said. Gore also faces three charges of acting in the management of three corporations (MOGS, Sleipner and Arion) while ...|
|... ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes said DDO reforms remain a top priority for the regulator. "The design and distribution obligations, which now commence on October ...|
|... commissioners are also well paid, with Catherine Armour taking home the most of the cohort at $610,216 for the year. Sean Hughes was the second-best-paid commissioner at $604,106, followed by John Price at $582,3094 and Danielle Press with $575,724. ...|
|... interests when assisting a client to apply for a product when they have recommended another product. ASIC commissioner Sean Hughes said the consultation will provide more clarity to mortgage brokers. "The obligations properly align the interests of mortgage ...|
Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution.
Investment consultant firms from across the world with US$10 trillion in assets under advice have joined together to launch a global net zero initiative.
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation.
In its submission to the inquiry into common ownership, BlackRock point out the theory behind the inquiry is "based on fundamental misconceptions", adding that any possible reforms based on ideas still under debate would be premature.
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