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The Task The Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry completed its Final Report on lst of February 2019. Commissioner

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The Task The Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry completed its Final Report on lst of February 2019. Commissioner Kenneth Hayne in his Final Report has recommended extensive changes (76 recommendations) to the banking, superannuation, and financial services sector after uncovering a list of ethical misconduct. You are required to research publications (e.g.: The Commissioner's Final Report, newspapers, magazines, scholarly journal articles etc.) on the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry and write an ESSAY based on your findings. This essay needs to focus on ethical misconduct uncovered by the Royal Commission within the banking and financial services sector and address the following points: 1. Select ONE key recommendation made in relation to 'Banking' OR 'Financial Advice' based on the Commissioner's Final Report and discuss the ethical misconduct underlying this recommendation. To do so, you are required to select ONE firm/entity in the banking or financial services sector which was affected by this recommendation and specifically address the following: a) Provide an overview of the firm/entity's background. b) Discuss extensively the key recommendation you chose and the ethical misconduct of the firm/ entity underlying this recommendation. c) Why do you think the firm/entity's conduct was unethical? and explain which of the ethical principles are most relevant to this ethical misconduct. cl) Identify the key stakeholders affected and discuss how these stakeholders are affected by this ethical misconduct. 2. Reflecting the knowledge obtained in lectures and from your research, discuss why ethics is fundamental to business operations and why ethics has a greater focus for companies today. Case searching Below is the link for Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry website. You can download the Commissioner's Final Report (including case studies) in PDF format using the link below. htt s: financialservices.ro alcommission. ov.au Pa es default.htm| You must also find other sources to gather material such as scholarly articles, websites, newspapers, magazines etc. Avoid Wikipedia

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