This essay provides a comprehensive analysis of the Australian Royal Commission into the banking and finance sectors. It begins with an introduction to the Royal Commission, outlining its purpose, background, and the powers granted to it. The essay explores the rationale behind the commission, focusing on misconduct in superannuation, banking, and financial services. It examines the corporate governance within the banking industry, highlighting its unique aspects and the responsibilities of top management. The findings of the commission, including specific instances of misconduct and conflicts of interest, are detailed. The essay also discusses corporate culture and remuneration within banking institutions and their impact on employee behavior and ethical practices. It assesses the impact of the Royal Commission, including its influence on corporate social responsibility and accountability. The essay concludes with a review of the commission's recommendations and their potential to address misconduct and improve practices in the banking sector, including the role of regulatory bodies like ASIC and APRA, while also providing a critical analysis of the resistance faced by the commission from various stakeholders.