The implications of the Banking Royal Commission will be the topic of a breakfast panel discussion to be hosted by The University of Western Australia’s Business School this Friday 5 April.
Representatives from industry and academe, including Chief Ombudsman and CEO at Financial Ombudsman Service David Locke, will take part in the panel discussion.
Panel speakers will make initial comments before the audience will have an opportunity to ask questions about the practical implications and the responses needed to meet the banking challenge.
The Banking Royal Commission has been one of the most talked about undertakings in Australia. While it was under way, the evidence presented shocked and angered many in the community while the final report reinforced those responses.
Banking is an essential element of our economy and all Australians are impacted by the behaviour of bank executives.
However, all Australians will also be impacted by the regulatory and political response to the report’s recommendations, perhaps emphasised in this election year by the political class wanting to be seen to respond to such concerns while also preserving the comparative strengths of the system.
