The Hayne royal commission’s final report on financial services misconduct will be made public later today.

While the emphasis has been on the banking sector, the report is expected to include recommendations on the general insurance industry, including the possibility of a ban on commissions. Our Breaking News service will bring you the latest developments.

Commissioner Kenneth Hayne submitted the report to Governor-General Peter Cosgrove on Friday.

“The submission of the report brings to an end an extensive inquiry,” the royal commission says in a statement.

“Over the course of its work the commission reviewed more than 10,000 submissions from the Australian public, completed 69 days of public hearings and considered thousands of documents provided by entities, regulators and consumer advocacy groups.”

The royal commission held seven rounds of hearings, ranging across lending, financial advice, insurance, superannuation and issues affecting remote and regional communities.

More than 170 written submissions were received in response to policy issues raised in the insurance round of hearings.