What it can mean for Culture and Governance in all
entities
The Final Report of the Royal Commission into Misconduct in
the Banking, Superannuation and Financial Services Industry
was released on Monday February 4, 2019.
As predicted, Commissioner Hayne delivered a lengthy report and
a comprehensive set of recommendations across the banking,
financial advice, superannuation and insurance sectors (FS sectors)
as well as on culture, governance and remuneration (CG&R) and
on the regulators. These have already been, and will remain, the
subject of intense scrutiny by all stakeholders in the weeks and
months ahead.
In light of the principles and issues that Commissioner Hayne
has outlined in his report, his recommendations and supporting
commentary should be viewed as relevant not only, of course, to
financial service entities but also to entities operating in the
non-financial corporate space. The content of the report has
universal application especially on culture
