Royal Commission Final Report: Executive Summary

4 February 2019 The Australian Institute of Company Directors today welcomed the release of the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. Here, our policy team summarises the key findings, recommendations and implications for governance and directors.
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Aged Care Royal Commission interim report

Governance will be a major focus of next year’s final report of the Royal Commission into Aged Care Quality and Safety, due to be published at the end of 2020.

Aged Care Royal Commission interim report released – Impacts for NFP Governance

The Interim Report of the Royal Commission into Aged Care Quality and Safety titled Neglect was released on 31 October 2019 and says the system designed to care for older Australians is woefully inade...

APRA chair Wayne Byres' remedy for business after the banking Royal Commission

Following the banking Royal Commission, APRA chair Wayne Byres believes there is still hope for self-regulation in the finance industry.

Director sentiment drops to a three year low

Director sentiment drops to a three year low as over 60 per cent of directors expect weakened economic conditions over the next 12 months.

Australia's first female bank manager on moving past the banking Royal Commission

Helen Lynch AM, the first female bank manager in Australia, reflects on her 25 year board career and the challenges ahead for directors following the banking Royal Commission.

AFCA handles a backlog of 43,000 complaints following banking Royal Commission

AFCA CEO David Locke and chair Helen Coonan discuss the complaint handling authority's escalating dispute notifications following the banking Royal Commission.

Practical matters

Boards and company secretaries have grappled with the issue of how much detail to include in their minutes since it became a point of contention in cross-examination at the Hayne Royal Commission.

What directors can learn from the major banks' self-assessments

Self-assessment reports from the major banks should be a must read for all boards following the banking Royal Commission.

Two crucial pieces of advice for aspiring directors

Incoming chair of Bendigo and Adelaide bank, Jacqueline Hey, shares indispensable advice for aspiring directors.

Internal audit in the spotlight

The Hayne Royal Commission and APRA’s Prudential Inquiry into the Commonwealth Bank of Australia (APRA Inquiry) switched the spotlight on internal audit, highlighting the important role the function ...
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