This report provides an analysis of ethical issues and governance within the banking and insurance industries, focusing on the findings of the Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry. The report delves into ethical theories, particularly Utilitarianism, and their relevance to the commission's recommendations. It examines specific cases of misconduct, including the Freedom Insurance case study, and evaluates them against the APES 110 Code of Ethics for Professional Accountants. The report highlights instances of unethical behavior, such as mortgage broker practices and fraudulent sales tactics, and discusses the importance of ethical conduct and governance in the financial sector, with a focus on the impact on stakeholders.
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
