Is there a danger of us painting all banks black given the findings emerging from Financial Services Royal Commission? Why does ASIC appear to have been lax in regulating financial institutions? Can peoples’ trust in the banks ever be restored? Dr Peter McCawley addresses the issues.
ASIC and The Banks
Commonwealth Bank advertising seen outside its main branch, Brisbane (AAP) Source: AAP
Dr Peter McCawley, former Dean of the Asian Development Bank Institute and Visiting Fellow, Arndt-Corden Economics Division & Indonesia Project ANU College of Asia and the Pacific, Canberra talks about the implications of findings from the Financial Services Royal Commission.
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