Margin Call: Which bank does ASIC’s boss have his mortgage with?

22/11/2018: ASIC chairman James Shipton (C) arriving at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry in Sydney on Thursday. Hollie Adams/The Australian

Wasn’t Macquarie boss Nicholas Moore given the royal treatment at Kenneth Hayne’s financial services royal commission?

Soon-to-retire Moore was relaxed, amenable and contemplative during his gentle questioning by baby faced-counsel assisting Michael Hodge.

Lasting less than an hour, it was all over before lunch.

What a contrast to Westpac boss Brian Hartzer, who — with dark bags under his eyes — returned earlier this morning for his second belting.

For bank royal commission developments via our live blog

Now in the box after Moore, who leaves the Millionaires’ Factory at the end of this month after a decade as its extravagantly remunerated CEO, comes Australia’s top corporate cop James Shipton, the newish boss of ASIC.

So who would the regulatory chief recommend to the average punter when it comes to the provisional of personal financial services?

ASIC chairman James Shipton on the stand at the banking royal commission. Picture: screenshot

Step to the podium Moore, who will be replaced in the top office within a fortnight by Shemara Wikramanayake, the current group head of Macquarie Asset Management and who will emerge as the only female boss of an Australian top 20 listed company.

How does Margin Call know about the ASIC boss’ Macquarie predilection?

This time last week Shipton appears to have taken out a fresh mortgage on his house in Melbourne’s Armadale to Moore’s Macquarie, with the paperwork executed on November 15 (around the time Moore was receiving paperwork from the commission).

Seems Hodge isn’t the only one impressed with Moore’s shop.

Shipton bought his Armadale home in March 2015 for $3.2 million almost three years before he returned to run ASIC this February.

Since his return to Australia, Shipton, 48, has been living with his Mum in her home over the back fence of his place, which is currently undergoing a major reno.