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ASIC’s James Shipton and Karen Chester: ‘always as one’ – The Australian Financial Review

Karen Chester confirmed on Wednesday she has formally applied to succeed outgoing chairman James Shipton.

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Australian Securities and Investments Commission deputy chairman Karen Chester confirmed on Wednesday she has formally applied to succeed outgoing chairman James Shipton, with whom she has recently undergone marriage counselling arbitrated by Treasurer Josh Frydenberg.
The Shipton-Chester relationship reportedly broke down when Chester, acting as chairwoman while ASICs payment for Shiptons personal tax advice was investigated, told a Senate committee that if there had been full disclosure of the…

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