Tick-a-box approaches to compliance may not only be expensive and time consuming but they could also be holding advisers back from taking the next step in putting ethics into practice and advancing towards broader community trust and professional recognition, JB Were’s Kym Bailey and McMahon Clarke’s Selina Nutley discuss. Â
Victims’ advocate says Crole banning ‘best thing ASIC has done’
A leading advocate for investors in the collapsed Shield and First Guardian master funds has welcomed the banning of the former chief executive of the licensee at the centre of investor losses. Melinda Kee has also urged senators to support proposed changes to the Compensation Scheme of Last Resort to make payment of compensation to victims faster and less stressful.
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