SYDNEY - The deputy chair of the Australian Securities and Investments Commission resigned on Monday amid an expenses scandal that has engulfed senior executives at the corporate regulator.
"I had been intending to retire from my position July 2021," Mr Crennan said in a statement."However, in the current circumstances, I have decided that it is in the best interests of ASIC for me to resign now." Mr Shipton was granted almost A$118,000 for tax advice performed by KPMG related to his relocation from the United States, also in 2018.
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