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News: IFL IOOF Holdings Appoints Acting Chairman And Acting Chief Executive Officer, page-7

  1. 306 Posts.
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    Yes it's certainly "personal", and a good move for CK to be out on leave.


    I agree that some of the MAP timelines are unrealistic and the goalposts have moved quickly, but this has been brewing for years.

    Yes - there is a month-old clue on APRA's website that there is a new broom sweeping through, one less interested in taking prisoners.


    https://www.apra.gov.au/media-centre/media-releases/apra-announces-terms-reference-enforcement-strategy-review


    On the other hand we're not some sort of banana republic where an authority can aggressively attack people they don't like, without the basis of the attack being subject to legal and ethical scrutiny.


    The job of a Regulator is to fairly and impartially enforce a set of rules.






     
    Last edited by hfrench: 10/12/18
 
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