魅影直播 Regulatory Update: Expectations in the current environment? Our perspective on reform and regulatory developments

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ASIC Regulatory Update: Expectations in the current environment? Our perspective on reform and regulatory developments

Published 22 May 2018

Opening comments by Peter Kell, Deputy Chair,
ASIC

Actuaries Institute Financial Services Forum, Hilton Sydney
(Sydney, Australia), 22 May 2018

Thank you for the opportunity to speak today.

I will talk to you about four broad topics:

聼迟丑别 trust deficit in financial services and what that means for standards of conduct in industry
聼魅影直播鈥檚 focus on life insurance including 魅影直播鈥檚 work on financial advice, direct insurance and insurance through super
聼opportunities for financial services firms to strengthen codes and to take cross-industry action to restore consumer trust and confidence
regulatory reforms with implications for both legal requirements and community expectations.