Financial inquiry gets international input

Federal Treasurer Joe Hockey has appointed four international business people to provide support to the government's financial system inquiry.

Mr Hockey says the international advisory panel will provide an expert perspective to the inquiry in terms of technological change, Australia's global competitiveness and offshore regulatory frameworks.

The four include former Westpac chief executive and deputy Treasury secretary David Morgan, who is now head of private equity group JC Flowers in Europe and Asia-Pacific, based in London.

He is joined by London-based founder and chief executive of global multi strategy asset management firm CQS, Sir Michael Hintze, and JPMorgan Chase chair of technology, media and telecom investment banking Jennifer Nason in New York.

The fourth is Andrew Sheng, who is a former central banker and financial regulator in Asia, now based in Hong Kong.