Why the new banking laws won’t be the slam dunk the government is expecting
- Written by Helen Bird, Course Director, Master of Corporate Governance & Research Fellow, Swinburne Law School, Swinburne University of Technology
APRA chair Wayne Byres says the regulator is unlikely to use its new enforcement powers. AAPThe federal government is set to enact new laws covering Australian banks, senior executives and directors. Called the Banking Executive Accountability Regime (BEAR), it imposes new legal obligations on banks and their senior management and empowers the...
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