Finance. | Calls for a Royal Commission into the major banks

$18.00

see the attached

Description

Factors contributing to the Calls for a Royal Commission into the major banks

The increased number of scandals faced by the Australian banks has undermined the confidence of the public in the banks and the financial system of Australia even at the best times. This alteration has raised an arguable dispute in which the public and other stakeholders have called for a royal commission into the banks to revive the transparency and stability of the financial system. The royal commission is a public inquiry enacted by an act of parliament and called in the event of any case relating to the order and management of the Australian financial system. Different factors are contributing to the call for a royal commission into the major banks. These factors include;