Question: AMP Limited case study
The AMP Limited has been in the headlines recently regarding potential class actions by various parties.
Identify key news reports which capture the major issues and developments AND write a brief report of what has happened and what are those issues? Do NOT make any judgments (especially not about the people involved) but do show an understanding of what has occurred and why it is legally significant.
From a corporate law perspective, why is the Banking Royal Commission involved in the investigation? Which other regulatory authority(ies) in your view might be involved in any possible investigation and why?
What are some of the possible remedies open in this situation for issues of this kind?
You will need to undertake legal research and analysis in order to provide support for all of your answers above and this includes references to the relevant law where applicable.