The Banking Code Compliance Committee (BCCC) welcomes the release of the Final Report of the Independent Review of the BCCC, conducted by Mr Phil Khoury of cameron. ralph. khoury.

The Report notes the valuable role the BCCC plays in highlighting the importance of Code compliance to banks and providing the Australian community with assurance of the level of compliance.

The report makes 19 recommendations to improve the performance of the BCCC. The BCCC is carefully considering these recommendations.