A contributor article by Paul Callaghan, General Counsel, Financial Services Council
This article was first published in May 2019.
An extract:
Background
Part 1 of this article dealt with the implications for superannuation and vertical integration arising from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission).
Commissioner Kenneth Hayne submitted an interim report1 to the Governor-General on 28 September 2018, with the report being tabled in parliament on the same date. The interim report provided some indication as to the direction the final report might take and the thinking of the Royal Commission on a range of topics canvassed before it.
On 1 February 2019, the Commissioner submitted that final report2 (Report) to the Governor-General. The Report was tabled in parliament on 4 February 2019. The government and the opposition each issued supportive responses to the Report.
Read the article in full here.