APRA talks tough but feathers the Commonwealth Bank with light touch penalties

APRA talks tough but feathers the Commonwealth Bank with light touch penalties

Updated May 01, 2018 14:44:36 Is there anything here we didn’t already know? Complacency and complexity, arrogant and insular, a culture that allowed bank executives to operate without fear of penalty. Strong words, indeed. For all the searing criticism, the irony of the Australian Prudential Regulatory Authority’s report into the …