The Royal Commission into Misconduct in the Banking,
Superannuation and Financial Services Industry (Financial
Services Royal Commission) was established on 14 December
2017 by the Governor-General of the Commonwealth of Australia, His
Excellency General the Honourable Sir Peter Cosgrove AK MC
(Retd).
Today the Interim Report of the Financial Services Royal
Commission (Interim Report) was released to the
public after it was submitted by the Commissioner, the Honourable
Kenneth Madison Hayne AC QC, to the Governor-General and tabled in
Federal Parliament. The contents of the Interim Report is limited
to the first four rounds of hearings on consumer credit, financial
advice, lending to small and medium-sized enterprises and
experiences with regional and remote communities.