Via the AFR:
The chief executives of the four big banks will be made to face Parliament twice a year to report on progress in implementing the banking royal commission reforms, as part of a boosted accountability regime Labor will introduce if it wins the election.
As well, the banks, the regulators ASIC and APRA and the Australian Banking Association, will have until August 1, about two months after the federal election, to submit their plans to a Royal Commission Implementation Taskforce that Labor will establish in the Treasury.
