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Politicians just don’t have the expertise to assess the effectiveness of ASIC and APRA, the bill explains. As per Hayne’s recommendation, the new Financial Regulator Assessment Authority will be tasked with doing the job properly.

New south walesJames shiptonTahn sharpeJulien hillTreasury departmentFinancial regulator assessment authorityHayne royal commissionRoyal commissionFinancial services royal commissionFinancial regulator assessment authority billRegulator assessmentSystems inquirySenate estimatesAdvanced diplomaபுதியது தெற்கு வேல்ஸ்ஜேம்ஸ் ஷிப்டன்