Submissions on the government’s Banking Executive Accountability Regime close on Friday

By Rebecca Thacker · 26 September 2017 · Locked

Submissions on the government’s Banking Executive Accountability Regime close on Friday

Full details: Submissions on the government’s Banking Executive Accountability Regime close on Friday

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Summary

Submissions on the government’s Banking Executive Accountability Regime (BEAR) close on Friday, September 29, following the release of the draft legislation last week. Treasurer Scott Morrison said the draft legislation provided further clarity on the accountability obligations of banks, their directors and senior executives, with substantial fines and consequences imposed for being in breach of […]

Tags: Banking Executive Accountability Regime (BEAR), Treasurer Scott Morrison