There needs to be a swift determination of the criminality of banks and senior individuals in the wake of the royal commission.
Financial services royal commissioner Kenneth Hayne is arguing for less and clearer law, and tougher corporate cops.
The banking royal commission has humiliated the banks, exposed dodgy financial dealings and shown the sector lacks a 'clear sense of moral purpose'.
Concerns raised that the areas to be investigated may prove too vague to be of practical use.
Professorial Fellow, Banking & Finance
Professor of Finance, Monash Business School
Francine McNiff Chair in Criminal Jurisprudence, Faculty of Law
