Inquiry refers scandal-hit Australian banks to watchdogs
04 Feb 2019; DW: A major inquiry into scandals at Australia's banking and financial services firms has referred more than 20 cases to regulators for possible prosecution, and called for substantial changes in the sector.
The wide-ranging Royal Commission was called in late 2017 as public outrage mounted over allegations of dodgy financial advice, life insurance and mortgage fraud involving lenders, including the "big four" Australian banks.