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Barrister named new ASIC deputy chair
The federal government has named a Victorian-based Queen’s Counsel as the new deputy chairperson of the Australian Securities and Investments Commission.
Jerome Doraisamy
Daniel Crennan QC was appointed for a period of five years to the role, starting 16 July of this year.
“The appointment of the second deputy chairperson follows strong action taken by the Turnbull government to boost the resources and capabilities of ASIC.”
Mr Crennan’s appointment also compliments and builds, Ms O’Dwyer’s statement continued, upon the government’s reforms to strengthen criminal and civil penalties for corporate misconduct, and to boost the powers of ASIC to protect Australian consumers from corporate and financial misconduct.
“The appointment of a second deputy chairperson to ASIC will strengthen ASIC’s leadership team and give the regulator greater flexibility in exercising its new powers and increased responsibilities, as a result of the Turnbull government’s significant reforms,” the statement concluded.
The announcement comes after reports that Mr Crennan would be appointed to the role earlier this year.
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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