find the latest legal job
Senior Associate - Competition, Policy & Regulatory
Category: Other | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Work with a well regarded Partner · Sydney CBD
View details
Commercial Litigation Senior Associate
Category: Litigation and Dispute Resolution | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Lawyers Weekly Australia Partner of the Year 2016, Insolvency
View details
MULTIPLEX Regional Legal Counsel (Vic) | 7 to 10 years + PQE
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Career defining in-house role · Tier One international contractor
View details
Junior Lawyer - Personal Injury Law
Category: Personal Injury Law | Location: Parramatta & Western Suburbs Sydney NSW
· Highly specialized practice · Challenging role with great opportunities
View details
IR Advisor/Member Advocate
Category: Industrial Relations and Employment Law | Location: St Leonards NSW 2065
· Permanent (0.8-1.0 FTE) role in a developing team
View details
New compliance chief at ASIC

New compliance chief at ASIC

THE AUSTRALIAN Securities and Investments Commission (ASIC) has appointed Jennifer O’Donnell as executive director of compliance.O’Donnell replaces Ian Johnston, who has joined the Hong Kong…

THE AUSTRALIAN Securities and Investments Commission (ASIC) has appointed Jennifer O’Donnell as executive director of compliance.

O’Donnell replaces Ian Johnston, who has joined the Hong Kong Securities and Futures Commission. O’Donnell was previously a deputy executive director at ASIC and is also the ASIC NSW commissioner. She will be responsible for financial services regulatory compliance, financial reporting and corporate disclosure. Responsibility for financial services licensing, policy, markets, corporate finance, research and analysis will fall to Malcolm Rogers, executive director of regulation.

“The commission has taken this opportunity to rearrange its activities on functional rather than industry lines. This will help achieve best practice outcomes in all of its regulatory and compliance activities”, said Jeffrey Lucy, ASIC chairman.

“Jennifer brings outstanding skills, broad experience and an intimate knowledge of ASIC to her new role. We are extremely fortunate to have someone of the calibre of Jennifer to take on this important function.”

Johnston was credited as being a guiding hand in difficult times at ASIC. He gained popularity in business circles for his willingness to remain flexible during teething stages of legislation and for driving ASIC to accept comments from industry. Johnston was instrumental in the transition of the financial services sector through the Financial Services Reform Act.

“On behalf of the Commission, I wish to congratulate Ian on his appointment and to thank him for his contribution to ASIC and financial services regulation in Australia,” said Lucy.

“This appointment is recognition of the high calibre of ASIC staff and the strong regard in which ASIC is held internationally. It will further cement the close relationship between ASIC and its Hong Kong counterpart.”

Stuart Fagg is the Editor of Risk Management magazine, Lawyers Weeklys sister publication.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

New compliance chief at ASIC
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Debate, same-sex marriage, Law Society
Sep 21 2017
Law Society acknowledges ‘diversity of opinion’ on same-sex marriage
The council of the Law Society of NSW has said it respects the diverse views of its members on same-...
Scales of Justice
Sep 21 2017
Victoria considers legalising euthanasia
A change in law to allow voluntary assisted dying in Victoria will be considered by the State Parlia...
Old woman
Sep 21 2017
Federal government ignoring elder abuse crisis, lawyer says
A Queensland lawyer has called on federal politicians to follow the lead of the Queensland governmen...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...