Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was formally established on 14 December 2017 and held seven rounds of hearings during the course of 2018.  The CEO of the AFA appeared during Round 2 on 26 April 2018.

The final report was handed to the Government on 1 February 2019 and publicly released on 4 February 2019.  The final report included 76 recommendations and three separate volumes.  Volume one included the Recommendations, whilst volume two addressed the Case Studies that were covered in the hearings.  Volume three was the appendices.  The Government has also provided a response to the report, setting out what they propose to implement.

 

Royal Commission Final Report – Govt. Response (full)

Royal Commission Final Report – Govt. Response (Financial advice recommendations)

Royal Commission Final Report – Volume 1

Royal Commission Final Report – Volume 2

Royal Commission Final Report – Volume 3

 

Please click on the links below to view our submissions to the Royal Commission:

7 May 2018 - AFA Submission to Royal Commission

21 September 2018 - AFA Submission to Royal Commission

25 October 2018 - AFA Submission to Royal Commission - Insurance Round

26 October 2018 - AFA Submission to Royal Commission - Interim Report

14 December 2018 - AFA Extra Submission to Royal Commission