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New chair for ASIC Markets Disciplinary Panel

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The corporate regulator has announced the new chair of its Markets Disciplinary Panel.

Shaw and Partners deputy chief executive Simon Gray has been appointed as the new chair of ASIC's Markets Disciplinary Panel (MDP).

Mr Gray, who begins in the two-year role this week, is currently a member of the ASIC Market Supervision Advisory Panel and of the ASX Appeal Tribunal, ASIC said.

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"[He has] more than 15 years' experience with legal and compliance expertise in the industry including senior oversight of corporate finance," the regulator said.

ASIC commissioner Cathie Armour praised the "dedication and professionalism" of outgoing MDP chair Lisa Gay, who led the panel for six years.

"I want to thank Lisa Gay for her steadfast leadership of the Panel since it was established in 2010," Ms Armour said. "The Panel is a critical forum in maintaining market integrity and Lisa's leadership has been exemplary. I wish her all the best for the future.

"Simon Gray is a seasoned markets practitioner and knows well the workings of the Panel, and we look forward to his leadership and drive to uphold the high standards of market integrity as Lisa has done," she said.

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New chair for ASIC Markets Disciplinary Panel
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