This report examines the business ethics failures of AMP, a major financial advising company, focusing on its misconduct and misleading of the Australian Securities and Investments Commission (ASIC). The analysis highlights the ethical issues of charging customers for services not rendered and submitting inaccurate reports. The report discusses the impact of these actions, including potential criminal charges, and the involvement of other financial institutions like the National Australian Bank, Westpac, and the Commonwealth Bank. It explores violations of the Corporations Act, failures in corporate governance, and breaches of Corporate Social Responsibility. The report also considers the resolutions undertaken by ASIC, such as negotiating with AMP instead of prosecuting, and the resignations of key executives. Stakeholders affected include customers, financial institutions, the law firm Clayton Utz, and the regulators. The conclusion emphasizes the significance of ethical conduct and the consequences of failing to uphold these standards.