ROYAL COMMISSION INVESTIGATES ALLEGED BAD BANK BEHAVIOUR

In light of recent allegations of bad bank behaviour, the Royal Commission will investigate alleged misconduct in the Australian financial services industry. Investigations will include some of Australia’s biggest banks. ‘Bad bank behaviour’ includes matters such as breaches of anti-money laundering and terrorism financing laws, rate rigging, insurance fraud, and alleged misuse of superannuation members’ financial savings.

Director of HHG Legal Group, Murray Thornhill, joins Channel 9 News Presenter, Tracy Vo, to discuss the legal issues surrounding alleged misconduct in the Australian financial services industry.

*This is general information only, and does not constitute specific legal advice. Please consult one of our experienced Legal Team for specific advice relevant to your situation.