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The Australian Prudential Regulation Authority (APRA) has published the remarks delivered on Friday 15 March by Executive Director of Insurance Sean Carmody at the Future of Insurance conference.
In brief prepared remarks ahead of a panel discussion, Mr Lonsdale reflected on how APRA’s latest Corporate Plan was guiding its priorities in maintaining financial stability in an uncertain external environment.
In “From fires to firewalls: the evolution of operational risk”, Ms McCarthy Hockey spoke about how the increasing dependence of banks, insurers and superannuation funds – and their customers – on technology is creating new risks that need to be managed to ensure critical financial services remain available.
