Royal Commission Interim Report – What to Expect
Commissioner Hayne’s Interim Report in the Royal Commission into Misconduct in the Banking Superannuation and Financial Services industries is expected to be provided to the Federal Government by the end of the week.
The interim report will contain the Commissioner’s findings in respect of the first four rounds of hearing which covered:
- Consumer lending;
- Financial advice;
- Loans to small and medium enterprises; and
- Experiences with financial services entities in regional and remote communities.
A summary of the findings that Counsel Assisting have submitted are open to the Commissioner in each of the first four rounds of hearings is to be found at the following link.
We have also prepared summaries of the submissions made in response to Counsel Assisting’s submissions by each of the financial services entities that were the subject of case studies. If you wish to obtain a copy of those summaries, please contact JNunn@piperalderman.com.au
If you have any enquiries about the Royal Commission and how its findings and recommendations may impact on your business please do not hesitate to contact one of our team.