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28 février 2020
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1. Introduction
This legal update sets out the current status of key regulatory changes that will impact the general insurance industry in Australia following the Financial Services Royal Commission.
Regulatory repercussions for the general insurance industry following the Financial Services Royal Commission.
Commissioner Kenneth Hayne delivered his Final Report following the Royal Commission into Banking, Superannuation and Financial Services (Financial Services Royal Commission) on 4 February 2019. In total he made 76 recommendations, with 15 recommendations specifically relating to insurance.
Fin