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Australian Banking Royal Commission Findings Summary


“Saying sorry and promising not to do it again has not prevented recurrence. The time has come to decide what is to be done in response to what has happened.”  “The financial services industry is too important to the economy of the nation to allow what has happened in the past to continue or to happen again.”
– Justice Hayne

Hayne gave 76 recommendations in total, but we will just summarise the key points for you.

 

If you’re unsure of anything discussed in this summary of the Australian Banking Royal Commission findings, or of what you’ve heard in the news, please contact your Ashfords advisor!

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