FSI's Murray hints at focus on concerns around banking competition
- Thursday, 01 May 2014
In a May 1 speech, the chairman of Australia's financial system inquiry (FSI), David Murray, suggested that he acknowledges some of the concerns of regional banks around the anticompetitive aspect of perceived sovereign support for some financial institutions. He also promised the FSI will explore claims that Australia's regulatory settings have become too focused on system stability at the expense of competition.
