Armour reappointed as ASIC commissioner
Former Macquarie Capital executive and four-year member of the Australian Securities and Investments Commission (ASIC), Cathie Armour is being reappointed to the regulator in her position as commissioner, effective until 2 June 2022.
Minister for Revenue and Financial Services, Kelly O’Dwyer said Armour had shown strong commitment to ASIC since 2013 and excelled in her ongoing public service.
Armour is a member of Chief Executive Women and previously held multiple roles at Macquarie Capital over an 11-year period and spent five years on the corporate legal counsel of JP Morgan between 1996 and 2002.
Recommended for you
The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension.
Government has introduced a bill to Parliament to legislate the first stream of the QAR reforms.
ASIC now has a 1:1 ratio when it comes to court success in the enforcement of crypto activities and more action is expected as Treasury seeks to introduce a regulatory framework.
A leading governance body has hit out at “specialist interest groups proposing ad hoc law reform” when it comes to reforms of financial services legislation and believes an independent body is needed.