Can't wait, it really is far too complex all the structures that are there to police various parts of it but in the middle, it's hard for things not to just go unnoticed and unchecked. I am at a loss sometimes how all these supervisory bodies can coexist - Its time we had one financial service regulatory authority which encompassed the Ombudsman, the ASX oversight and all the things APRA does.
I think that the entire financial services sector gets a bad name because of a few ( banks not included in my comment as they knew the errors and could have behaved better). SEQ as a financial services company with a high degree of compliance at its core operates in this space. We are always at risk for shocks like the royal commission and I think share prices already have a risk factor built in after the RC.
SEQ Price at posting:
21.5¢ Sentiment: None Disclosure: Held
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