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Hayne Royal Commission

Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (2017 - 2019)

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AMP Shareholders Reject Executive Compensation

by Starling Insights

Observations

Apr 13, 2023

Shareholders of AMP, one of Australia's largest retail and corporate pension providers, recently voted against the company's executive remuneration plan. They pointed to the firm's low share price, which has fallen by 75% following the Hayne Royal Commission's allegations of misconduct against the company.

The 2022 Compendium is available now!

Now in its 5th year, Starling's Compendium features over 60 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

Culture as Contagion

by Nicholas Christakis

Compendium

Mar 26, 2019

With the Hayne Royal Commission having issued its final report, executives across the Australian financial sector are asking how to correct circumstances that led to past misconduct. Budgets for governance, risk and compliance measures will swell, but those added resources are not likely to produce the desired result without a reappraisal of what drives human behavior within firms. ...cont