Rabobank's regional executive, Bradley James, "gave evidence that the bank's current remuneration structure is still predominantly driven by sales and is not yet consistent with the recommendations of the Sedgwick Review," counsel assisting Rowena Orr told the Hayne royal commission on Friday."It is open to the commissioner to find that the misconduct and conduct that fell below community standards and expectations was the result of inadequate internal systems at Rabobank. "It remains unclear as to why the loan to the Brauers [Queensland cattle farmers] was approved," Orr argued, drawing on one of several files uncovered for the commissioner Kenneth Hayne. "The initial concerns of Rabobank's credit department were not dealt with in a comprehensive fashion in any document provided to the commission. In no document provided to the commission did the credit department explain that those concerns had been addressed. "At all relevant times, Rabobank's policies regarding internal appraisal of property values failed to adequately divide the function of loan origination and security valuation. Rabobank placed both tasks in the hands of a banker who was incentivised to write loans, and failed to have internal appraisals assessed by staff who were qualified and experienced in that field," Orr said.