APRA Chairman Wayne Byres has announced a public inquiry into CBAs culture, governance and accountability frameworks. The probe follows the recent allegations that Commonwealth Bank had breached a number of anti-money laundering laws. The inquiry will be undertaken by an independent panel, and is expected to take about six months. 

http://www.theage.com.au/business/banking-and-finance/commonwealth-bank-facing-apra-probe-20170827-gy5ck7.html