Mr Ripoll is certain the tales of misconduct and scandal being revealed about the major banks in particular will have a permanent, transformative impact on the legislation and regulation that governs accountants and financial advisers.
What will life be like for accountants post-election?
The architect of the Future of Financial Advice (FOFA) reforms, Bernie Ripoll, reveals what he thinks the regulatory environment will look like in the fallout of the Royal Commission, and if a Labor government gets into power.
More from this columnist
Delivering a quarterly reporting and meeting service
By Scott Charlton, Slipstream Coaching
Lessons from the Kiwis on tackling money laundering and terrorism financing
By Zowie Pateman, CA ANZ
What will your practice look like in a paperless environment?
By Joseph Robins, GoCardless