16 January 2026
In conjunction with the Australian Financial Complaints Authority (AFCA), the ABA is pleased to announce the appointment of former ASIC Commissioner Mr Sean Hughes as the next Chair of the Banking Code Compliance Committee (BCCC).
Mr Hughes served as a Commissioner at ASIC from 2018 to 2023 and brings deep expertise in financial services regulation, law, corporate governance and risk oversight to the BCCC Chair role.
“The ABA looks forward to Mr Hughes continuing the important work of the BCCC in both independently monitoring subscribing banks compliance with the Banking Code, and promoting best practice Code implementation” said ABA Chief Executive Office Simon Birmingham.
As the incoming Chair, Mr Hughes will take over from outgoing Chair Mr Ian Govey AM effective 17 February 2026.
“On behalf of the ABA and its member banks I would like to thank outgoing Chair Ian Govey for his contribution over the past six years, and especially overseeing the committee’s role in the development and implementation of the updated 2025 Banking Code,” said Mr Birmingham.
Latest news
Australians have now used Confirmation of Payee over 100 million times since the service was launched in July 2025, marking a major milestone in the banking industry’s efforts to protect consumers and businesses from scams and mistaken payments. Part of the banking sector’s Scam-Safe Accord, Confirmation of Payee adds another layer of protection by allowing… Read more »
Banks are urging Australians to side-step fake or dodgy tickets this footy season, as scammers set their sights on fans across all football codes. More than $36 million was lost to buying and selling scams last year, including fake ticket sales, with criminals looking to cash in on the excitement and passion of footy fans…. Read more »
E&OEPodcast InterviewThe Savings Tip Jar18 February 2026. Topics: Mortgage refinancing, savings accounts. Dominic Beattie (Host): Welcome to this week’s Dollar Dialog, and today we’re talking refinancing, with new data dropping from the ABS last week, showing that a record 640,000 Australian mortgages were refinanced through 2025, which is up 20% on the previous year. So,… Read more »