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Question -
1. Discuss the corporate culture of the banks and other financial services entities as highlighted in Wishart & Wardrop (2018).
2. Discuss whether the implementation of the Banking Executive Accountability Regime (BEAR) is able to address the issue of poor culture in financial organisations (Wishart & Wardrop, 2018).
3. What are the main issues highlighted in the Banking Royal Commission concerning the corporate culture of banks and financial institutions?
4. Identify some of the shortcomings made by Australian Prudential Regulation Authority (APRA) in its inquiry into the Commonwealth Bank of Australia (CBA) about its corporate culture.
Article reading - Wishart, D. and Wardrop, A. 2018, "What can the Banking Royal Commission achieve: Regulating for good corporate culture?" Alternative Law Journal, 43(2), pp 81-88.
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