Banking Executive Accountability Regime – Draft Legislation
Key documents
- EXPOSURE DRAFT - DOC 266KB
- EXPOSURE DRAFT - PDF 157KB
- EXPLANATORY MEMORANDUM - DOCX 130KB
- EXPLANATORY MEMORANDUM - PDF 158KB
- CONSULTATION GUIDE - DOCX 131KB
- CONSULTATION GUIDE - PDF 102KB
In the 2017-18 Budget, the Government announced that it will legislate to introduce a new Banking Executive Accountability Regime (BEAR).
This consultation seeks stakeholder views on the exposure draft of the Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2017, which provides further clarity on the accountability obligations of banks and their directors and senior executives, and enhanced consequences for being in breach of these obligations.
Submissions
- Allens - PDF 454KB
- ANZ - PDF 194KB
- Ashurst - PDF 130KB
- Australian Bankers’ Association (ABA) - PDF 173KB
- Australian Financial Markets Association - PDF 424KB
- Australian Institute of Company Directors - PDF 308KB
- Australian Shareholders’ Association - PDF 432KB
- Australian Unity - PDF 98KB
- Bank of Queensland - PDF 396KB
- Business Council of Co-operatives and Mutuals - PDF 487KB
- Clifford Chance - PDF 297KB
- Commonwealth Bank of Australia - PDF 777KB
- Customer Owned Banking Association (COBA) - PDF 266KB
- Financial Services Institute of Australasia (FINSIA) - PDF 158KB
- Governance Institute of Australia - PDF 114KB
- Guerdon Associates - PDF 713KB
- Herbert Smith Freehills - PDF 597KB
- Lyons, Mark - PDF 207KB
- National Australia Bank (NAB) - PDF 1MB
- New Zealand Bankers Association (NZBA) - PDF 329KB
- Parkin, Gregory F - DOCX 30KB
- PayPal - PDF 372KB
- Promulgate Pty Ltd - DOCX 29KB
- Suncorp - PDF 2MB
- Swinburne Law School - PDF 468KB
- Westpac - PDF 341KB