Updated April 26, 2018 13:29:51

The Financial Planning Association and the Association of Financial Advisers are fronting the royal commission to explain how their disciplinary procedures work — or don't.

Meanwhile, a document dump from round one of the royal commission hearings has exposed Westpac's home loan assessment standards as being dramatically worse than the rest of the big four, causing its share price to slump.

Topics: banking, royal-commissions, consumer-finance, consumer-protection, regulation, australia

First posted April 26, 2018 10:08:59