This case study examines the issues surrounding AMP Limited, focusing on potential class actions and breaches of corporate law. It details the Banking Royal Commission's involvement in investigating misconduct, specifically the charging of fees for no services, and the misleading statements made to ASIC. The study identifies the roles of other regulatory bodies like ASIC, AUSTRAC, and APRA in addressing the situation. Furthermore, it explores the potential remedies available under the Corporations Act 2001 (Cth), including civil penalties, compensation orders, and the potential lifting of the corporate veil. The analysis references relevant case law, such as Australian Securities and Investments Commission v Sino Australia Oil and Gas Limited and Australian Securities and Investments Commission v. Australian Investors Forum Pty Ltd (No 2), to support the discussion of legal consequences and remedies.