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ARTICLE · 16 JANUARY 2018

LimeLight Issue No. 82: Banking Royal Commission

Gilchrist Connell
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The Royal Commission into misconduct in the banking, superannuation and financial services industry was established.

AustraliaFinance and Banking
Alex Haslam
Alex Haslam
Tim Graham
Tim Graham
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  • Royal Commission into misconduct in the banking, superannuation and financial services industry is formally established

On 18 December 2017, in joint media release, the AttorneyGeneral, Senator George Brandis QC, and the Treasurer, Scott Morrison MP announced the formal establishment of the Royal Commission into alleged misconduct in Australia's banking, superannuation and financial service industry.

The Commission is to be led by former High Court judge, Kenneth Hayne AC QC (Commissioner). The subjects of the Commissioner's inquiry are to include:

  • the prevalence of misconduct within the financial services sector and whether referrals should be made for criminal or other legal proceedings;

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