This report provides an in-depth analysis of the Royal Commission's final report concerning misconduct in the banking, superannuation, and financial services industry, also known as the Hayne Royal Commission. It examines the ethical theories applied, particularly deontology, and evaluates the commission's recommendations. The report delves into the Freedom Insurance case study, highlighting ethical violations and the application of the APES 110 code of ethics. It discusses the importance of ethical conduct in financial services, the role of mortgage brokers, and the need for safeguards to protect consumers. The report concludes by emphasizing the significance of ethical decision-making and the implications of the commission's findings for the financial sector. The report highlights the importance of the ethical theory of deontology in the business operations of banking and financial services. It also discusses the various recommendations made by the Royal Commission, including the best interest duty, changes in mortgage broking models, the establishment of treasury-led working groups, and the role of financial advisors. The report also emphasizes the need for ethical conduct and the application of the APES 110 code of ethics in the Freedom Insurance case study, which involved aggressive sales tactics and the targeting of vulnerable individuals.