The Australian Custodial Services Association (ACSA) is set to recognise those in the custody and investment admin industry who have put in extra effort to drive industry efficiency and contribute to regulatory dialogue.
Robert Brown, an executive member of ACSA and chief executive of Ausmaq, said the awards would not necessarily go the highest-profile practitioners – "we’re not interested in creating some sort of personailty cult" – but would rather focus on those who had worked extra hours for the industry’s interests, on IFSA committees and the like.
“In many ways our system is a product of government and industry working together to create the right balance of regulation and support for a dynamic financial sector,” Brown said.
“Policy takes you part of the way. It is then up to the industry to deliver efficiency and expert implementation. ACSA has been able to make a difference through the contribution of experienced practitioners who take time out from their day jobs to give something back. The new awards are designed to recognise this sort of practical contribution.”
ACSA is currently calling for nominations for the Awards. Any person who makes a significant contribution to the industry and to ACSA is eligible. Nominations should be made via the official ACSA Awards entry form which can be found on the ACSA website. Brown said entries would close at the end of January, to give ACSA’s board time to consider them.
Winners will be announced at the ACSA/I&T 2009 Risk and Responsibility – Investment Administration Conference to be held in Sydney on March 3, 2009.