On 20 March 2019, I spoke to the Women’s White Collar Defense Association meeting in Sydney about the likely extension of the Federal Court’s criminal jurisdiction following the findings of the Hayne Banking Royal Commission.
On 23 March 2019, the Attorney- General Christian Porter formally announced $35M funding to extend the Federal Court’s jurisdiction to include corporate crime. The changes are aimed at streamlining and expediting the hearing of criminal prosecutions of banks, other financial institutions and their directors and executives.
Read the Attorney-General’s media release here: https://www.attorneygeneral.gov.au/Media/Pages/35-Million-to-extend-the-Federal-Courts-jurisdiction-to-corporate-crime.aspx