The Federal Court聽made orders yesterday, 11 March 2021, compelling Gold Coast accountant Jenan Oslem Thorne (also known as Cenan Thorne or Cenan Dikmen), of Saber Superannuation Pty Ltd, to comply with the terms of a court enforceable undertaking (CEU) that she previously entered with ob体育.
Ms Thorne first entered into an CEU with ob体育 on 13 February 2019, following an ob体育 investigation that found she failed to act in her clients鈥� best interests and that she prioritised her own interests above those of her clients (19-034MR).
On 17 November 2020, ob体育 commenced civil proceedings against Ms Thorne, alleging that she took deliberate steps to avoid compliance with the CEU (20-295MR).
After ob体育 filed these proceedings, Ms Thorne agreed to orders requiring compliance with the CEU.
The Court also ordered that Ms Thorne correspond with relevant consumers to provide them with information regarding the CEU, including a copy of ob体育鈥檚 previous media release, and to notify ob体育 of her compliance with the orders.
ob体育 Commissioner Danielle Press said, 鈥榦b体育 first took action in this matter because the law requires that financial advisers act in their clients鈥� best interests. Those providing financial services must not prioritise their own interests or simply implement client instructions.
鈥業ndividuals and organisations entering into court enforceable undertakings with ob体育 have binding obligations that must be met to ensure compliance. ob体育 will not hesitate to take action against those who don鈥檛 comply with their obligations.鈥�
The Court also ordered that Ms Thorne pay $16,529.78 for ob体育鈥檚 costs of the proceeding.