Financial Services Royal Commission Round 7 preview

The final public hearings of the Financial Services Royal Commission will run from 19 November 2018 to 30 November 2018 in Sydney and Melbourne:

• Sydney 19 -23 November 2018
• Melbourne 26 – 30 November 2018

The seventh round of public hearings will focus on causes of misconduct and conduct falling below community standards and expectations by financial services entities (including culture, governance, remuneration, and risk management practices), and on possible responses, including regulatory reform.

The hearings will also consider the role of ASIC and APRA in supervising the actions of financial services entities, deterring misconduct by those entities, and taking action when misconduct may have occurred.

The Commission presently intends to deal with these issues through the evidence of the following organisations:
AMP Limited
Australia and New Zealand Banking Group Limited
Australian Prudential Regulation Authority
Australian Securities and Investments Commission
Bendigo and Adelaide Bank Limited
Commonwealth Bank of Australia
Macquarie Group Limited
National Australia Bank Limited
Westpac Banking Corporation

Further entities may be included.

 

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