Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Department of the Treasury - Australian Government : Departure of the Deputy Chairperson of the Australian Securities and Invesments Commision, Belinda Gibson

12/18/2012 | 07:33pm US/Eastern

NO.057

Ms Belinda Gibson, Deputy Chairperson of the Australian Securities and Investments Commission (ASIC) has indicated that she will not be seeking reappointment when her appointment expires in May 2013.

On behalf of the Government, I would like to thank Ms Gibson for her valuable service and her commitment to the work of ASIC.

Ms Gibson joined ASIC as a Commissioner in November 2007, and was appointed Deputy Chairperson in May 2010. Since this time, Ms Gibson has contributed extensively to the development and performance of ASIC's responsibilities in key areas such as the oversight of capital markets and supervision of exchange traded markets and brokers, and the oversight of corporations and improvements in disclosure and corporate governance. Ms Gibson has also assisted in the strengthening of ASIC's relationship with the corporate sector.

ASIC has responded to a number of key challenges under Ms Gibson's leadership, including the transfer of supervisory responsibilities from financial market operators to ASIC, and the introduction of competition for market services in Australia. These initiatives have resulted in the benefits of lower fees and improved services for all Australians who rely on financial markets.

Ms Gibson has also been active in the Financial Reporting Council and, until recently, the Corporations and Markets Advisory Committee, where she provided valuable insights into the financial sector from a regulator's perspective.

A merit-based selection process for this position will commence shortly.

19 December 2012

distributed by
React to this article
Latest news
Date Title
08:24p IRIS BIOTECHNOLOGIES : Welcomes New Board Member and Key Employees
08:20p LENOVO : plans 20% acquisition of smart phone sales by end of March 2016: CEO
08:17p PACIFIC FINANCIAL : Kristi Gundersen Appointed to Pacific Financial Corporation Board of Directors
08:17p DREDGING OF INDIA : appoints Barun Mitra as Part-time Official Director
08:17p DANGOTE CEMENT : Appoints Onne van der Weijde as New CEO
08:17p BlackRock discloses ownership stake in Altisource
08:17p GOOGLE 'C' : Inc Witness Large Inflow of Money
08:17p KIRKLAND LAKE GOLD : K.L. Gold appoints new Chairman
08:17p TERADATA : Witness Large Outflow of Money
08:16pDJAustralian Consumer Prices Rise
Latest news
Advertisement
Hot News 
VOLGA GAS : Says No Longer For Sale; Costs To Fall In Line With Revenue
3LEGS RESOURCES : Proposes Cash Return, New Investment Policy To Avoid Liquidation (ALLISS)
STERLING CONSTRUCTION : Provides Preliminary Results for 2014 Fourth Quarter and Year
SILICON IMAGE : Lattice Semiconductor to Acquire Silicon Image for Approximately $600 Million
P2P GLOBAL INVESTMENTS : Raises GBP250 Million In C Share Issue (ALLISS)
Most Read News
06:58p Apple iPhone sales trample expectations as profit sets global record
08:13p Yahoo sets Alibaba stake spinoff plan, shares jump
06:46p Open Text revenue hit by strong US dollar, weak emerging markets
07:11p Canadian National Railway earnings beat, but lag CP on efficiency
07:04p AT&T results beat Wall Street, shares rise after hours
Most recommended articles
08:16pDJAustralian Consumer Prices Rise
08:16pDJSingapore Central Bank Eases Currency Policy
08:14p Yahoo sets Alibaba stake spinoff plan, shares jump
08:08pDJAmerican Express to Start Doing Business in Cuba
08:08pDJON-DEMAND WORKERS : 'We Are Not Robots'
Dynamic quotes  
ON
| OFF