CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following media release:

The Albanese Government will recommend to the Governor‑General that Sarah Court be appointed as the next Chair of the Australian Securities and Investments Commission (ASIC).

MsCourt has been an excellent Deputy and she'll be an outstanding Chair.

She is an experienced litigator and leader, and will make a positive impact on one of our major regulators.

MsCourt has more than 15years' experience in senior statutory positions across various corporate regulators, a strong background in regulation, litigation, and enforcement, and deep expertise in upholding corporate standards and protecting market integrity.

Over the past fiveyears, Sarah has su...