The Regulators 2023

Michele Bullock is the Deputy Governor at the Reserve Bank of Australia.

Ms Bullock was appointed to her current position on 2 April 2022. She is Deputy Chair of the Reserve Bank Board and Deputy Chair of the Payments System Board and a member of Chief Executive Women (CEW). Prior to her current role, Ms Bullock was the Assistant Governor (Financial System). Ms Bullock also held a variety of senior management positions in the Bank. She was Assistant Governor (Business Services), Assistant Governor (Currency), Adviser for the Currency Group and, before that, Head of Payments Policy Department.

Peter Soros commenced at AUSTRAC in June 2018. He is responsible for the regulatory and compliance operations of AUSTRAC. He also has responsibility for AUSTRAC’s legal, policy and communication functions.

A key element of his work is overseeing AUSTRAC’s enforcement activities.

John Lonsdale was appointed as Chair of APRA on 31 October 2022 after originally joining as Deputy Chair on 8 October 2018.

In his Deputy Chair role, John was responsible for oversight of Australia’s banking sector. His responsibilities also included oversight of APRA’s work on culture and remuneration, building APRA’s crisis resolution capability and strengthening APRA’s collaboration with peer regulators.

John worked for Australian Treasury for over 30 years prior to joining APRA. He was a member of Treasury’s Executive and, in his role as Deputy Secretary, Markets Group, he had responsibility for financial system, consumer and foreign investment policy. In 2014 he led the Secretariat to the Financial System Inquiry based in Sydney. John also worked across key areas in the Treasury including budget policy, tax policy, retirement incomes and the financial system. John is APRA’s representative on the Payments System Board, the Council of Financial Regulators, the Trans-Tasman Council on Banking Supervision and the Financial Stability Board’s Standing Committee on Supervisory and Regulatory Cooperation.

Joseph Longo commenced as ASIC Chair on 1 June 2021.

He has more than 38 years experience in corporate law, financial services, governance and regulation in Australia and overseas.

Most recently, he was a senior adviser at Herbert Smith Freehills, specialising in regulatory matters, enforcement, commercial law and internal legal matters. Earlier in his career,

Joseph was a partner at Parker and Parker (now Herbert Smith Freehills). Joseph was the general counsel for Deutsche Bank in London and Hong Kong for 17 years, advising on a range of regulatory issues, governance, infrastructure and non-financial risk. Earlier, Joseph was the national director of enforcement at ASIC for five years, responsible for the coordination and direction of all enforcement and litigation activities. He has experience navigating multi-jurisdictional investigations and enforcement activity across financial services.

He holds a Bachelor of Jurisprudence (Hons) and a Bachelor of Laws (Hons) from the University of Western Australia and a Master of Laws from Yale Law School.