Original article by James EyersJoanna Mather
The Australian Financial Review – Page: 1 & 4 : 7-Oct-16

The Australian Government could introduce legislation to increase the accountability of senior bank executives for the misconduct of their staff. Liberal MP David Coleman, who chairs the parliamentary committee that has grilled the "big four" bank CEOs, notes that the proceedings have heightened the perception that senior personnel have no accountability for scandals in the sector. Labor MP Matt Keogh has suggested that Australia could consider laws based on the so-called "senior managers regime" in the UK.

CORPORATES
AUSTRALIA. HOUSE OF REPRESENTATIVES STANDING COMMITTEE ON ECONOMICS, FINANCE AND PUBLIC ADMINISTRATIONLIBERAL PARTY OF AUSTRALIAAUSTRALIAN LABOR PARTYNATIONAL AUSTRALIA BANK LIMITED – ASX NABCOMMONWEALTH BANK OF AUSTRALIA – ASX CBAAUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZWESTPAC BANKING CORPORATION – ASX WBCAUSTRALIAN GREENSAUSTRALIAN BANKERS’ ASSOCIATIONAUSTRALIAN PUBLIC SERVICE COMMISSION