Former BCU CEO convicted of misconduct following ASIC investigation into credit union fraud.
Around 3,000 employees and 1.2m customers welcomed by major bank
Regulator is closely monitoring inquiry into bank closures
Regulators announce commencement of new regime
"Protected today, prepared for tomorrow" still the regulator's aim
It's a three-and-a-half-year extension on its current promise
This so the regulator can improve its data collection and ensure it remains useful and relevant