Source: Financial Digest (financialdigest.net)
jmwhistleblower frontpage Heads need to roll and the resounding bang of cell doors slamming shut on these criminals, their properties ceased immediately and their ability to work in any position of authority again before we feel anything at all remotely like closure.
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Banking royal commission makes 76 recommendations for reform | Sky News AustraliaThe banking royal commission has made 24 referrals to regulators and 76 recommendations for wide-ranging reform in the sector.\n\nBanking royal commissioner Kenneth Hayne QC says the time has come to address financial misconduct and prevent its recurrence, proposing a raft of measures designed to better protect consumers.\n\nMr Hayne has made 24 referrals, including all the major banks except for Westpac, to the Australian Securities and Investments Commission and Australian Prudential Regulation Authority for further investigation.\n\nMr Hayne was scathing of some bank bosses, particularly the National Australia Bank, for being unwilling to accept responsibility.\n\nMr Hayne said he was not confident NAB had learned the lessons from the past as he criticised its CEO Andrew Thorburn and chair Dr Ken Henry, a former Treasury secretary.\n\n\n\n\n Bowenchris ScottMorrisonMP Chris Bowen has confirmed that he and Labor are committed to the death of mortgage broking in Australia, ensuring that banks get richer and consumers are worse off. This is what you can expect from a Shorten-led Labor government.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
The banking royal commission final report at a glanceJustice Kenneth Hayne has unveiled 76 recommendations in his damning final report into the Australian financial services sector
Source: smh - 🏆 6. / 80 Read more »
A consumer's guide to the banking royal commission's final reportKenneth Hayne will deliver his final report to the government this Friday, here's what's likely to be in it and why it matters to you. Fry day you say. well that gives criminals days to dispose of assets & leave for safe Heaven on earth. Jobs in the Cayman's Delaware Ireland Virgin Islands China may require insider info to Australian financial rackets. Russia North Korea The mob may be a little annoyed And so much more that was deemed off limits as already dealt with by very two regulators that are now in question. Are sick of greed yet?
Source: smh - 🏆 6. / 80 Read more »
Commissioner Hayne turns Treasurer's moment in the spotlight ice-coldTreasurer Josh Frydenberg's attempt to make a picture opportunity out of the banking royal commission gets the full frozen treatment from commissioner Kenneth Hayne. Sometimes Public Officers demonstrate honest and uncompromised integrity to duplicitous politicians Or he was thinking this bloke deserves everything coming his way, a twatt. Government waste, AGAIN. File 13 it goes and all continues just the same.
Source: smh - 🏆 6. / 80 Read more »
Finance sector set for a huge shake-up as government responds to Hayne reportScott Morrison and Josh Frydenberg are poised to accept almost all the recommendations of the Hayne royal commission . Increase the penalties so they are on par with that of overseas fines imposed on financial institutions. Prison would be better. IF NOT ONE BANKSTER GOES TO JAIL THEN THIS ROYAL COMMISSION IS AN ABSOLUTE JOKE
Source: theage - 🏆 8. / 77 Read more »
Hayne verdict LIVE: Scandal-plagued banks face reckoningAfter 68 days of public hearings, 134 witnesses and more than 6,500 exhibits, the banking and finance royal commission report will be released at 4.20pm today. Follow our live coverage. scomo regrets he cannot be in Australia today to witness the fallout The ignorance that the NAB have instilled is almost like it’s part of their culture as the answers about the fraudulent activity that Was reported about were just blown off with replies like We’ve checked your accounts are safe. Now I’m frozen out of my entire port folio bar 1acc That one account has zero balance, NAB along with MLC, fake emails reported, unencrypted emails in my mailbox for years and reported about, financial advisors plans that look like they were prepared by a grade four student and the costs I said the truth is coming so here it is
Source: smh - 🏆 6. / 80 Read more »
Hayne verdict LIVE: Give regulators sweeping new powersAfter 68 days of public hearings, 134 witnesses and more than 6,500 exhibits, the banking and finance royal commission report will be released at 4.10pm today. Follow our live coverage. As long as there's EFT for wages the bank's don't give a hoot, they don't work for our business Still waiting for police raids
Source: theage - 🏆 8. / 77 Read more »
Business heavy-hitters warn against panic over HayneFormer Reserve Bank Board members and financial regulators have called for calm ahead of Monday's release of the Hayne report, and have sent a warning to both sides of politics. Translation: Roger Corbett:
Source: smh - 🏆 6. / 80 Read more »
Hayne verdict LIVE: Scandal-plagued banks face reckoningAfter 68 days of public hearings, 134 witnesses and more than 6,500 exhibits, the banking and finance royal commission report will be released at 4.20pm today. Follow our LIVE coverage. I await all of the xpert information coming out of the mouth of so many XPerts. Can they agree? 420 brah Limited public hearings
Source: theage - 🏆 8. / 77 Read more »
The big four spent 200 years swallowing other banks, but Hayne may cause regurgitationThe day has arrived where commissioner Kenneth Hayne hands in his report on Australia's financial system, but will it break the dominance of the major banks, which has been more than two centuries in the making?
Source: abcnews - 🏆 5. / 83 Read more »