Banking royal commission: How the probe sank AMP
Five years after the Hayne inquiry, it’s easy to forget the scale of the misconduct. The fees-for-no-service scandal alone cost the sector $4.4 billion.
Source: afr.com
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Five years after the Hayne inquiry, it’s easy to forget the scale of the misconduct. The fees-for-no-service scandal alone cost the sector $4.4 billion.
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QCOMM averages about 20 calls per hour, so the 160 calls were eight times their normal call load.
The corporate regulator has published a summary of its enforcement action to date relating to the Hayne royal commission, in lieu of the impending finale to the work carried out to address its findings.