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Senior Counsel Assisting Rowena Orr's opening address for the seventh round of public hearings at the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
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This round focused on the causes of misconduct and conduct falling below community standards and expectations by financial services entities (including culture, governance, remuneration and risk management practices), and on possible responses, including regulatory reform. The hearings also considered the role of ASIC and APRA in supervising the actions of financial services entities, deterring misconduct by those entities, and taking action when misconduct may have occurred.
Recorded on 19 November 2018 at the Lionel Bowen Building in Sydney.
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