Submission: Banking Executive Accountability Regime
Consumer Action Law Centre has supported CHOICE’s submission on the proposed Banking Executive Accountability Regime. We strongly welcome the intent of these reforms. The community rightly expects that banking executives will be held accountable for major scandals. However, we believe the proposed regime developed by Treasury falls short of the intention of the reforms as it will fail to hold executives accountable for incidents that have caused widespread consumer harm.
Read the full submission here [PDF].BEAR-submission