As financial institutions in Australia face into the culture and conduct storm that has engulfed the UK for the past decade, UK firms can be confident that they have already largely negotiated the regulatory waves which have followed the Banking Royal Commission in Australia. However, culture and customer treatment are themes that continue to be relevant on both sides of the world. In an article for Butterworths Journal of International Banking and Financial Law, Jenny Stainsby considers the implications of the Royal Commission's recommendations for UK firms.
This article was first published in Butterworths Journal of International Banking and Financial Law (JIBFL), June 2019.
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