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Australian Competition & Consumer Commission

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2022 UPDATE | Australia Regulators

by Starling Insights

Compendium

May 15, 2022

By any standard, ASIC had a turbulent 2020. As discussed in the previous edition of this report, the agency was accused of wrongdoing when it was uncovered that it had paid $180,000 to cover the cost of managing taxes for James Shipton, who was Chairman at the time, and rental fees for his deputy, Daniel Crennan. In both instances, the costs were related to their relocation to Sydney to take up their ASIC roles ... cont