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In the collapse of HIH, which of the following was not a comment made by the Royal Commission on APRA's role?(a) APRA's organisation was in transition and the relocation from Canberra to Sydney created managerial distractions for the senior executives.(b) APRA was aware of the concerns raised in the Ernst and Young report and carried out immediate remedial actions.(c) APRA met with some HIH staff after receiving an anonymous report from an ex-employee of HIH but did not follow up further on the report.(d) APRA was aware that HIH was overstating its solvency position but did comparatively little in response.
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