Customer Owned Banking Code of Practice Review

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The independent review of the Customer Owned Banking Code of Practice (COBCOP) has now commenced, with COBA appointing Phil Khoury, Principal of cameron.ralph.khoury to undertake the review. Mr Khoury is a former financial services regulator and for the past 19 years, has been a consultant working in governance effectiveness and in regulatory and self-regulatory advice. He has conducted numerous independent reviews, including the most recent review of the Code of Banking Practice. 

As part of the review, a number of submissions addressing the Terms of Reference and Issues Paper have been received. After reviewing these submissions and consulting with a number of stakeholders, Report One is now available.

For more information and updates on the COBCOP review, visit cobcopreview.crkhoury.com.au.