Organisation

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

Alternate Name
Financial Services Royal Commission
Description

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was established on 14 December 2017 by the Governor-General of the Commonwealth of Australia, His Excellency General the Honourable Sir Peter Cosgrove AK MC (Retd).

The Governor-General issued Letters Patent which formally appoint the Royal Commissioner and outline the Terms of Reference for this inquiry.

The Commissioner, the Honourable Kenneth Madison Hayne AC QC, delivered the Commission's final report on 4 February 2019.​

Recently added resources

Report

4 Feb 2019
414

The central task of the Royal Commission was to inquire into and report on whether any conduct of financial services entities might have amounted to misconduct and whether any conduct, practices, behaviour or business activities by those entities fell below community standards and expectations. The...

Technical report

14 Nov 2018
12

This technical paper, requested by the Royal Commission, examines aspects of the regulation of financial product and service providers in the United Kingdom, the Netherlands, New Zealand and the United States.

Report

7 Nov 2018
24

This research paper argues that any proposed policy action to manage conflicts of interest should ideally undergo further testing in the field in which it will be implemented to assess the likely real-world impact. This would improve the design of the policy and monitor the...

Report

28 Sep 2018
514

The Commission’s work, so far, has shown conduct by financial services entities that has brought public condemnation. Some conduct was already known to regulators and the public - some was not. Why did it happen? The answer seems to be greed – the pursuit of...

Briefing paper

28 Aug 2018
50

The purpose of this paper is to discuss some of the factors that influence how insurers provide general and life insurance to consumers to assist consumers manage risk. It also discusses the size and composition of the general and life insurance industries, and the main...

Items authored 16

Items published/produced 35

Associated Content 1