Australia’s treasurer Swan chooses new watchdog heads
Australia’s treasurer Wayne Swan picked new heads of two of the country’s most important regulators this week, including turning to a former head of the Australian Securitisation Forum to manage the main securities market regulator.
Greg Medcraft will take over as chairman of the Australian Securities & Investments Commission (Asic), and Rod Sims is to assume the top job of chairman at the Australian Competition & Consumer Commission (ACCC).
Medcraft replaces Tony DAloisio, whose four year term ends this month. Medcraft has a strong
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