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Government’s royal commission roadmap revealed

Posted by Anton Murray Consulting on . Posted in News

InvestorDaily

The government has released its royal commission implementation roadmap to set out how it will deliver on its response to the royal commission. Treasurer Josh Frydenberg released the roadmap at the start of the week and committed the government to acting on all 76 of the recommendations. “This commitment represents the largest and most comprehensive corporate and financial services law reform package in the three decades since the Corporate Law Economic Reform Program (CLERP) in the 1990s,” said the Treasurer.

In the final report by commissioner Hayne there were 76 reforms of which 54 were directed to the government and 40 of which require legislation. Shortly after the release of the recommendations, the government announced a further 18 commitments to address issues that had been raised in the report. Since then eight of the 54 recommendations had been implemented and seven of the additional 18 have been.

The rest of this article can be found at investordaily.com.au.

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