Watch for Hayne report to trump FMA, RBNZ

Thu, 31 Jan 2019

By Jenny Ruth Feb. 1 (BusinessDesk) - Be prepared for the final report from Australia’s Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry to trump the outcomes of our own local industry review. Just how far Commissioner Kenneth Hayne will go in his final report will be revealed late Monday when the Australian federal government is due to release it at 6.10pm, New Zealand time. Australia is abuzz with speculation: will Hayne recommend a ban on vertically integrated firms, for example? Tha...

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