Tag: lending

Banking & Finance

Legal

Restoring trust in financial services

Over the course of several decades, Australia has experienced a slow and steady erosion of trust in the financial services sector – culminating in a Royal Commission, which commenced in December 2017. Despite the Royal Commission’s potential to reassure consumers that lenders are under the watchful eye of higher powers and therefore reinstate trust, many…

26 Jul 2018, by Amy Sarcevic

Banking & Finance

Rebuilding trust in financial services at the AFR Banking and Wealth Summit 2018

Financial Services providers were scrutinized for their lending practices, remuneration models and misconduct handling procedures at the Australian Financial Review’s Banking & Wealth Summit this week. The Summit analysed a widening ‘trust deficit’ in the sector and explored how industry could resolve the issue to avoid more complex and intrusive regulation. Wayne Byres, Chairman of…

6 Apr 2018, by Amy Sarcevic