FMA keeping close tabs on Australian Royal Commission as AMP chief Meller departs

Fri, 20 Apr 2018

By Paul McBeth April 20 (BusinessDesk) - The Financial Markets Authority is keeping close tabs on Australia's Royal Commission into misconduct in the banking, superannuation and financial services industry, with hearings this week uncovering misdeeds at AMP and prompting chief executive Craig Meller to fall on his sword. Meller resigned today and the financial services firm is reviewing its regulatory and governance framework after royal commission hearings this week found it had misled the Australian Securities & Investments Commission...

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