ASIC appoints three new commissioners

taxation/global-financial-crisis/australian-securities-and-investments-commission/chief-executive/accountant/

15 December 2008
| By Liam Egan |

Three new full-time commissioners have been appointed to the Australian Securities and Investments Commission (ASIC), bringing the total to six.

The appointment of Greg Medcraft, Peter Boxall, and Michael Dwyer was announced today by Senator Nick Sherry, Federal Minister for Superannuation and Corporate Law.

“The commissioners will ensure ASIC remains best placed to deal with the fallout from the global financial crisis and its new role as the national consumer credit regulator,” Sherry said.

“They will significantly broaden the skills base of ASIC to include investment banking, insolvency, public policy, and economics.”

Medcraft was formerly chief executive of the Australian Securitisation Forum, and before that global head of securitisation at Societe Generale.

Boxall was made an Officer of the Order of Australia in 2007 for services to economic and financial development and reform in the areas of accrual budgeting, taxation, and workplace relations.

Dwyer has extensive experience as a chartered accountant and insolvency practitioner and operates his own firm, Dwyer Corporate.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 2 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 6 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

3 weeks 1 day ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo