Update: OBSI 2026 External Review Public Consultation
As previously announced, CRKhoury (CRK) is currently leading an independent review of OBSI’s banking and securities mandates and our overall operations and practices. CRK have established a Review website at obsireview.crkhoury.com.au which provides some information about the Review and will be updated from time to time as the Review progresses.
The independent review is expected to conclude with the final report published later this year on OBSI’s website.
Consultation with stakeholders is a key component of the review process. To facilitate consultation, the CRK team is requesting that stakeholders provide comments on a range of issues, as outlined in greater detail here. The review team requests that written responses be submitted by April 3, 2026 to review@crkhoury.com. Stakeholders may also choose to provide feedback through a confidential online survey.
In addition, the CRK team will also be conducting direct consultation meetings with consumer advocates, participating firms, industry associations and regulators.
Addendum:
The external reviewers have heard feedback from some stakeholders, particularly smaller consumer advocacy organizations, that the April 3 deadline for submissions will be difficult to meet. For these stakeholders, the review team has informed us that they are willing to accept submission up to April 24. We continue to encourage submission of comments by April 3 for those stakeholders who are able to do so.