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Royal commission turns attention to SMEs

The royal commission on financial services misconduct will focus on SMEs when its third round of public hearings starts in Melbourne next month.

More information on topics will be released closer to the hearing, which begins on May 21.

The second round, which focused on financial advice, finished last Friday.

About 67% of the 3800-plus submissions received by the commission relate to banking, 9% to superannuation and 8% to financial advice.

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