Banking Royal Commission

Running head: BANKING ROYAL COMMISSION
BANKING ROYAL COMMISSION
Name of Student
Name of University
Author’s Note

BANKING ROYAL COMMISSION2
Executive Summary
The study states about the audience of the Banking royal Commission report. The report also
discusses about the purpose, the key audience, key decision which are made for the report. The
study also sees about the key deals with the decisional takeaways which can be stated as the
suitable conclusion for the report.

BANKING ROYAL COMMISSION3
Table of Contents
Introduction..........................................................................................................................4
Purpose of the Report..........................................................................................................4
Audience of the Report........................................................................................................5
Key Decision to be made.....................................................................................................5
Key Informational Decision related to Banking Royal Commissions Report.....................6
Keywords for Financial Decisions.......................................................................................7
Conclusion...........................................................................................................................7
References............................................................................................................................8

BANKING ROYAL COMMISSION4
Introduction
This report states information regarding the Banking Royal Commission which is being
stated by the government. The commission helps the government to intervene in banking rules
and regulations. It can also be observed that the changes in the old rules are also highlighted by
them. This report also states about the misconduct in the superannuation, financial and banking
service industry along with the impact for the same accounting firms. The report mainly deals
with the purpose of the commission, key audience of the commission, key decisions which are
taken after implementation of the commission and also the information taken for the decision
making.
Purpose of the Report
Banking Royal Commission is stated as the twelve month which are created for the
regulation of the equity process where the initial value is stated as a $75 million equity. This idea
is applied in the banking areas and also in the other financial service entity. Banking Royal;
Commission is stated as the regulator of the financial services, bank and also the super
annulation fund. As the equity does not have the authority to address the misconduct by itself, so
the process will help to maintain the purpose. Banking royal Commission has taken part in the
conjunction of Australian Prudential Regulation Authority (APRA) report to the Commonwealth
Bank (CBA) also stated that the financial services which have dulled the senses of the institution
(Beasley, 2019). As per the purpose is concerned Banking Royal Commission is concerned there
are three stages which helps to deliver the satisfactory outcomes. The purpose of having the
social license not only provide the long term value creation instead it opts for the long term value