Madeleine Mattera, Head of Financial Services spoke to John Campbell of Radio New Zealand about the Royal Commission into the Misconduct in the Banking, Superannuation and Financial Services Industry.
Madeleine discusses the conduct risk issues with banks vertically integrating related financial products, focusing on culture and governance, and how incentives and remuneration drive behaviour within an organisation.
Royal Commission The Royal Commission turns its focus to superannuation For a change, the focus of the recent Royal Commission hearings has been on superannuation and how funds' structures and governance arrangements may lead to poor retirement outcomes for members. Read full article
Video Darren Scammell on The Royal Commission Darren Scammell, Financial Services Leader in Victoria, spoke to Sky News about our latest publication and the need to match any additional regulation off the bank of the Royal Commission to the different risk profiles of our small and big banks. Read full article
Financial Services Positioning Paper A case for proportionate regulation This paper highlights the need to revisit the case for proportionate regulation across the financial sector, with consideration to all changes including prudential, conduct, industry, data and competition requirements. Read full article
Royal Commission Regulation reform is on the table – time for a governance h A recent roundtable we held with some of our clients to discuss the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry highlighted key themes and concerns emerging as a result of the hearings. Read full article