The CEO of Macquarie testifies at the Banking Royal Commission

[7.5] Nicholas Moore, Managing Director and Chief Executive Officer of Macquarie Group, is being questioned over the enforceable undertaking ASIC imposed on Macquarie in 2013 after it uncovered eight potential breaches of the Corporations Act by Macquarie Equities and a potential breach of its financial services licence, and what Macquarie did to fix it. Recorded on 22 November 2018 at the Lionel Bowen Building in Sydney. Testimony held during the seventh round of public hearings at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, focusing on policy questions arising from the first six rounds. Witness Statements: https://bit.ly/2FZCVKw (Rubric 7-06) https://bit.ly/2DAAHPW (Rubric 7-16) Exhibits: https://bit.ly/2FFBcv9 Transcript: https://bit.ly/2AoBlgH This video was extracted from the Royal Commission’s webcast archive and republished here as permitted under its Creative Commons Attribution 4.0 International licence. The source file, containing the raw archived webcast of the entire day of hearings, was trimmed to only retain the testimony of the above witness(es) and remove any breaks and offline periods of the webcast. For testimonies held over multiple days, separate source files would have been combined to create one consolidated video. Video Source: https://bit.ly/2XBSBKh Copyright information: https://bit.ly/2K2JMl2 Creative Commons license information: https://bit.ly/1rMF155 Whilst permitted under its Creative Commons licence, the republication of this content on YouTube is not officially endorsed by the Royal Commission nor the Commonwealth of Australia. © Commonwealth of Australia 2018. #bankingRC