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The directors of the Viento Group of companies are very conscious of their duty of care to all investors in projects promoted by the group.
Australian Standard AS3806 -1998 "Compliance Program" has been adopted as the framework for an effective compliance program. A compliance manual has been prepared and is in use throughout the group with a strict maintenance process.
The Viento Group has created a "Compliance Culture" throughout the organisation, and ensures that the Corporations Act 2001 is complied with at all times.
Viento Property Limited
Responsible Entity (RE) Viento Property Ltd is the RE and manager for all the property syndicates. Viento Property Ltd is a wholly owned subsidiary of The Viento Group.
Compliance Committee The committee comprises three members of which two are independent of the RE and the Viento Group of Companies.
The committee members are;
Mr Murray Jones (Chairman)
Mr Jones has over ten years of compliance and risk management experience gained through a variety of senior positions held at the Australian Securities Commission and the AXA Asia Pacific Holdings Group. At AXA he held the position of Group Business Risk and Compliance Manager for 4 years.
Mr Ian Rust
Mr Rust is a property consultant with over 40 years experience in the property industry. He is a Fellow of the Australian Property Institute and a past President of the Victorian division of the Australian Property Council and a past member of the national board of that institute.
Viento Capital Limited
Licence Holder Viento Capital, a wholly owned subsidiary of the Viento Group has been issued with an Australian Financial Services Licence. This licence authorises Viento Capital to deal in interests in managed investment schemes for wholesale clients only.
A compliance committee made up two directors of Viento Capital and the compliance officer, has been set up.
As the AFS licence allows for the company to only deal with wholesale clients no custodian has been appointed. However, client monies will be held in a trust account under the control of Viento Capital for any projects undertaken under the AFS licence.
The Compliance Officer for the Viento Group is Christopher Carey who has over 25 years experience as a chartered accountant. He is a fellow of the Institute of Chartered Accountants in Australia and a fellow of the Australian Institute of Company Directors.
Kangaroo Island Plantation
Responsible Entity Primary Securities Ltd ( www.primarysecurities.com.au )
Custodians
Trust Company Limited ( www.trust.com.au )
Sandhurst Trustees Ltd ( www.sandhursttrustees.com.au )
ANZ Banking Group ( www.anz.com)
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