ASIC commissioner reappointed

One of ASIC’s commissioners has been reappointed until 2022.

ASIC commissioner Cathie Armour, who is heading up the regulator’s crackdown on alleged bank bill swap rate (BBSW) manipulation, has been reappointed for an additional five years.

Minister for Financial Services Kelly O'Dwyer has announced Cathie Armour's reappointment as a full-time member of ASIC.

Ms Armour is directly responsible for financial markets infrastructure and market integrity enforcement, and has overseen the regulator's investigation into BBSW manipulation.

ASIC has alleged employees of ANZNAB and Westpac manipulated the BBSW and is currently embroiled in court cases against all three banks.

Ms Armour has been a member of ASIC since 2013. Her position has been extended until 2 June 2022.

Advertisement
Advertisement
ASIC commissioner reappointed
default
ifa logo

Subscribe to the ifa bulletin

Receive daily online news,analysis, reports and business strategies
By signing up you agree to our Terms of Use and Privacy Policy

from the web

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.