Opposition slams “ad-hoc piecemeal changes”
Senator Mathias Cormann says regulators should not take their responsibility to Parliament lightly or just pay lip service to it by treating Parliamentary oversight as a game of ‘hide and seek’. Speaking at the Financial Services Council (FSC) Conference at the Gold Coast Convention and Exhibition Centre yesterday, he urged regulators to be independent so they can administer laws objectively and impartially without inappropriate influence from government.
Regulation