Banks brace for reckoning as victims call for overhaul of sector

Australia's financial institutions are bracing for the findings of Commissioner Kenneth Hayne’s final report, which will be made public on Monday.

Commissioner Kenneth Hayne handed over the banks report to and Treasurer Josh Frydenberg on Friday. Source: AAP

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has uncovered countless examples of gross financial misconduct by the banks and financial institutions.

After almost a year of hearings and deliberations, on Monday the details of Commissioner Kenneth Hayne's final report will be made public.