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
Thank you for the opportunity to appear alongside our friends and colleagues at COBA today. The Cash Distribution Framework Bills are a critical step to provide security to the long-term availability of cash in Australia. Our written submission sets out our position in detail. Today I will focus on a few key points. The banking industry is committed to ensuring that Australians who… Read more »
E&OERadio Interview2SM Sydney21 July 2026. Topics: Buying and selling of bank accounts; Efforts to combat money laundering Tim Webster: Look, we spoke to Peter Price from Crime Stoppers, the boss at Crime Stoppers, about this banking mules. I mean, this ridiculous situation where the young ones are coerced into being, you know, money mules and… Read more »
Check against delivery Thank you, Chair, and members of the Committee, for the opportunity to appear today. Improving productivity is one of the defining economic challenges facing Australia, and many developed economies. Productivity ultimately determines whether real wages rise, whether Australia remains an attractive place to invest, and whether the next generation is better off… Read more »