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ASIC’s focus on gender

Michael Murray of Murrays Legal examines ASIC’s new target for at least 25% of ASIC-initiated external administration appointments to include a female registered liquidator, extending its gender diversity focus to replacement liquidator appointments, Assetless Administration Fund panels and reviewing liquidator appointments, while noting the limited pool of female practitioners, the Productivity Commission’s review of registration requirements aimed at addressing gender imbalance and the absence of broader diversity initiatives from ASIC’s stated policy.