Supplied video obtained Friday November 30, 2018 of Senior Counsel Assisting Mr Michael Hodge QC at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry questioning Mr Wayne Byres, APRA chairman. Hodge then Byres' statement back to him, in which he says the issue was the extent and breadth of the issue of fees for no service was deeper and broader than originally anticipated, asking him when this became apparent and quizzes him on why this was attributed to poor IT infrastructure rather than an industry wide problem. "I wrote those words ... and with a view that at the heart of most of these issues is a problem that infrastructure has not kept up with the nature of products and the changing legislative and regulatory landscape,” he says.(AAP Video/Supplied/Royal Commission) NO ARCHIVING, EDITORIAL USE ONLY
from National | Daily Telegraph https://ift.tt/2FPVPVP
Post Top Ad
Responsive Ads Here
Friday, November 30, 2018
Home
Daily TeleGraph
National | Daily Telegraph
News of Nation
Bynes speaks on why he attributed problem to IT issue
Bynes speaks on why he attributed problem to IT issue
Tags
# Daily TeleGraph
# National | Daily Telegraph
# News of Nation
About Theworldtimesnow
News of Nation
Subscribe to:
Post Comments (Atom)
Post Top Ad
Responsive Ads Here
No comments:
Post a Comment