ALRC president to depart after five years

law/ALRC/legislation/

10 January 2023
| By Jasmine Siljic |
image
image
expand image

Attorney-General Mark Dreyfus has announced the departure of Justice Sarah Derrington as president of the Australian Law Reform Commission (ALRC).

Derrington began her position as ALRC president in 2018 and led the ALRC review into financial services legislation during her term.

She welcomed the appointment of Justice Mark Moshinsky as part-time commissioner and acting president, who was previously appointed as a judge of the Federal Court in 2015. 

In search of a permanent replacement, the ALRC would conduct a merit-based recruitment process for the president position.  

“It has been a privilege to hold the role and to have had the opportunity to build such an exceptional team around me,” Derrington said. 

She added: “In particular, I would like to thank all contributors to ALRC Inquiries who willingly volunteer their time and expertise to the ALRC.”

Matt Corrigan, ALRC general counsel, commented: “Previous presidents of the ALRC have set the bar high in terms of academic rigour and leadership. Justice Derrington exceeded that bar as an innovative and collaborative leader who leaves a tremendous legacy after five years.”

The following financial reports were published during her term as president:

  • Integrity, Fairness and Efficiency – An Inquiry into Class Action Proceedings and Third-Party Litigation Funders (ALRC Report 134);
  • Corporate Criminal Responsibility (ALRC Report 136);
  • Financial Services Legislation: Interim Report A (ALRC Report 137);
  • Without Fear or Favour – Judicial Impartiality and the Law on Bias (ALRC Report 138); and
  • Financial Services Legislation: Interim Report B (ALRC Report 139).

In 2023, the ALRC review would publish a third interim report to reframe Chapter 7 of the Corporations Act, as well as a final report by the end of the year. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS