Significance of Royal Commission in Banking and Financial Services

Running head: MONEY AND CAPITAL MARKET
Money and Capital Market
Name of the student:
Name of the university:
Author Note:

1MONEY AND CAPITAL MARKET
Executive Summary
This paper conducts the significance of the royal commission in the banking and the financial
service providing institution. The various scandals associated with the baking and the
financial service in the history of banking and government initiative in such cases have also
been disclosed in a detailed manner.

2MONEY AND CAPITAL MARKET
Table of Contents
Introduction:...............................................................................................................................3
Discussion:.................................................................................................................................4
Task 1.....................................................................................................................................4
Task 2.....................................................................................................................................5
Task 3.....................................................................................................................................7
Conclusion..................................................................................................................................9

3MONEY AND CAPITAL MARKET
Reflection:
The aim of my assignment deals with the royal commission and I have depicted
implication of the royal commission in the regulation and the maintenance of the misconduct
of the banks and the financial service providing institutions. My conducted study is based on
the different types of the fraudulent activities which happens in the financial institution. In
order to get rid of the fraudulent or the scandals which took place in the history of banking
institution have been discussed in detailed manner. My work is focused on the significance of
the transparency in the financial service providing institution have also been shown in the
conducted study and the role played by the APRA and the ASIC have also been discussed in
the study.