Constructively tough? Neither side has committed to fully adopting perhaps the most important recommendation of the banking royal commission
- Written by Andrew Schmulow, Senior Lecturer, Faculty of Law, University of Wollongong
Among the many recommendations of the banking Royal Commission was a Board of Oversight for the two regulators in charge of financial institutions; the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority: ASIC and APRA.
Since then APRA’s own internal review conducted by deputy chairman John...
