The commission has made a series of appointments to its markets disciplinary panel to ensure it has an appropriate mix of expertise.
ASIC has announced four new members to the panel that makes decisions about whether infringement notices should be given for alleged contraventions of the market integrity rules.
Dan Ritchie from Macquarie Securities, Lisa Shand from Morgans, John Manchee from Credit Suisse and Ian Jones from Goldman Sachs.
ASIC commissioner Cathie Armour said the new appointments would keep ASIC fresh and ready for the challenges of the financial markets.
“These new appointments ensure the MDP continues to have the appropriate mix of expertise, experience and diversity in Australia’s financial markets,” she said.
ASIC is currently seeking feedback about proposals to change its MDP policies and procedures said Ms Armour.
“The MDP has achieved some significant regulatory outcomes, particularly over the last couple of years. We want to continue that momentum by streamlining and simplifying the policies and procedures to ensure the MDP continues to be in a position to deliver efficient and fair regulatory outcomes,” she said.
The changes to the MDP are reflected in a single shorter regulatory guide that will replace the existing regulatory guides 215 and 225 and can currently be commented on.
Eliot Hastie is a journalist at Momentum Media, writing primarily for its wealth and financial services platforms.
Eliot joined the team in 2018 having previously written on Real Estate Business with Momentum Media as well.
Eliot graduated from the University of Westminster, UK with a Bachelor of Arts (Journalism).
You can email him on: [email protected]
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