Question

1. Why was the Royal Commission into misconduct in the Banking, Superannuation and Financial Services Industry...

1. Why was the Royal Commission into misconduct in the Banking, Superannuation and Financial Services Industry established? Use the Royal Commission website to determine the purpose of the Royal Commission. Ensure you reference your arguments properly.

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Answer #1

Royal Commission into misconduct in the Banking, Superannuation and Financial Services Industry was established in 2017 by the Governor General of Australia. The royal Commission website has an online form which transmits information to the commission as regards the misconduct of the financial services entity. The form requires you to detail the time of conduct and reasons of misconduct. It also accepts the steps taken by an individual or entity to complain about the misconduct. The information so provided will be used by the Royal Commission during its proceedings and identity of the person or entity who give the information will be kept confidential.

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