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Robert (Bob) Emery – MD & Principal Risk and Compliance Consulting Services. Bob has more than 40 years experience within the financial services industry, with management positions in compliance and risk management at the Commonwealth Bank, Insurance Australia Group (formerly NRMA), MBF, and Bupa—both within Australia and the UK—where he was also...

By Kwame Slusher

ACCC Media Release

7 March 2017

The Federal Court has ordered Jetstar Airways Pty Ltd (Jetstar) to pay a $545,000 penalty and Virgin Australia Airlines Pty Ltd (Virgin) to pay a $200,000 penalty for breaches of the Australian Consumer Law.

In November 2015, Jetstar was found to have made false or...

By Kwame Slusher

ASIC Media Release

ASIC has today released its 
enforcement report for the period 1 July 2016 to 31 December 2016.

ASIC's enforcement results over the six-month period include:

98 investigations commenced. 102 investigations completed. 39 individuals removed from financial services. 63 infringement notices issued. $2.9m infringement notices paid. 5 persons charged in criminal proceedings. 47 criminal charges laid. 194 persons charged in summary prosecutions for strict liability offences. 382 criminal charges laid in summary prosecutions for strict liability offences. $159.4m compensation/remediation.

The report also covers ASIC's key priorities and long-term challenges going forward, including:

  • aligning conduct in a market-based system with inve...

By Kwame Slusher

ACCC Media Release

8 March 2017

The Australian Competition and Consumer Commission has instituted proceedings in the Federal Court against German company Audi Aktiengesellschaft (Audi AG), its Australian subsidiary Audi Australia Pty Ltd (Audi Australia), and their owner, German company Volkswagen Aktienge...

By Kwame Slusher

Tuesday 7 March 2017



The fact that the risk landscape is changing is one with which risk and compliance professionals should already be comfortable. And while it is true no sector or industry is immune to change, the question remains: what is driving that change?

Change is inevitable. Awareness of that fact, however, does not mean businesses are always prepared wh...

By Kwame Slusher

ASIC Media Release

Mr Stephen Burgin, an authorised representative of Interprac Financial Planning, closed his website steveburgin.com.au in response to concerns raised by ASIC.

ASIC was concerned by images and references on the website which may have implied endorsements or approvals which were not actually held. This includes reference...

By Kwame Slusher

ASIC Media Release

ASIC announced today that it will prohibit 'flex commissions' in the car finance market. The prohibition will still allow lenders to pay other types of commissions to car dealers.

Flex commissions are common in car finance but not generally found in other markets. Flex commissions allow car dealers to arrange car loans ...

By Kwame Slusher



Who is Michelle Gibbings?

Michelle Gibbings is founder and managing director of Change Meridian and the GRC Instiute Trainer for the Graduate Certificate in Compliance and Risk Management.

As a recognised expert in organisational complexity, and Author of ‘Step Up – How to Build your Influence at Work’, Michelle’s work lives at the c...

By Kwame Slusher