It's actually very analogous. I would say there are really two key differences.
The Judicial Council has one more level of review, so it has a level of review that does the investigation and it reports to a middle level of review that has four members of that council on it. Then, if it's ordered to a hearing, it goes to the third level of review. Again every level—investigation, review panel in between, and the public hearing—all have members of the public, a different member of the public at each level.
The other difference is that the Judicial Council does not have available to it the dispositions of advice in person or in writing, and that is a remedy that has been used by the review council but that's not available to the judges.