‘Sweeping changes’: Focus on simplified laws, consumer rights in Banking RC final report

05/02/2019

Law reform and public affairs

The Law Council of Australia had today issued a media release after recommendations by the Royal Commission into the Banking and Financial Services Industry were released last night.

The Law Council of Australia has welcomed the recommendations, which will have a far-reaching impact on the banking and financial services sector, ensuring consumers are treated fairly and honestly, in accordance with key principles of the law.

A full copy of the media release is available here.