Editor鈥檚 note:
On 7 July 2020, 魅影直播 wrote to the Secretariat of the House of Representatives鈥� Standing Committee on Economics (Committee), providing further information relevant to the opening statement.
Opening statement by Sean Hughes, 魅影直播 Commissioner, at the House of Representatives Standing Committee on Economics (Australia's four major banks and other financial institutions), 3 June 2020.
CHECK AGAINST DELIVERY
Thank you Chair. My name is Commissioner Sean Hughes and I am representing the 魅影直播 today, I wish to table a brief opening statement. Joining me today from 魅影直播 is Mr Warren Day,Regional Commissioner Victoria and Executive Director, Assessment and Intelligence, as well as Mr Tim Gough, acting Executive Director, Financial Services.
- ASIC鈥檚 understanding of the redraw issue
- ASIC鈥檚 interaction with ME Bank on this issue
- Outline the process that entities undertake to report breaches to 魅影直播; and finally
- The communication we have had with other regulators and agencies on this issue.
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