Vanguard lures ASIC commissioner as top lawyer

ASIC Commissioner Sean Hughes is leaving the corporate watchdog to take up a role as Australian general counsel at asset manager Vanguard.

“The strong foundations built by Vanguard’s Australian leadership over the past 27 years has always been guided by delivering on Vanguard’s mission,” Mr Shrimski said. During his time at ASIC, Mr Hughes oversaw the regulator’s famous ‘Wagyu and shiraz’ case against Westpac, in which it claimed the big four bank had breached of responsible lending laws.

It decided not to appeal the case to the High Court during the depths of the COVID-19 pandemic over concerns it would create legal uncertainty that could exacerbate a slowdown in bank lending.

Imagine this another watch dog retiring to much greater hunting grounds Those bones burried just ready to dig up & chew on

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watch Australian Open Tennis 2023, Catch Up TVToday's matches include Tiafoe (USA) v Altmaier (GER), Nadal (ESP) v Draper (GBR) and Kubler (AUS) v Baez (ARG) live on Nine and live-streaming every match, every court on 9Now. Live play starts from 11:00am AEDT daily. Scared MichaelBeggs7 NOOOOO!! 😢
Source: wwos - 🏆 12. / 68 Read more »

Watch Australian Open Tennis 2023, Catch Up TVToday's matches include Tiafoe (USA) v Altmaier (GER), Nadal (ESP) v Draper (GBR) and Kubler (AUS) v Baez (ARG) live on Nine and live-streaming every match, every court on 9Now. Live play starts from 11:00am AEDT daily.
Source: wwos - 🏆 12. / 68 Read more »