governance
Credit risk provisioning practices for locally incorporated authorised deposit-taking institutions
… appropriately documented analysis and robust controls and governance. This includes sound processes for the application … with judgmental adjustments, APRA expects that appropriate governance to be in place for sensitivity analysis, including …
Crypto-assets: Risk management expectations and policy roadmap
… with existing prudential requirements for investment governance. 8 Operational risk: There are likely to be a … Other risks: There would also be risks to consider around governance and accountabilities (in particular where there is … of the SIS Act and Prudential Standard SPS 530 Investment Governance respectively. Prudential Standard APS 220 Credit …
Changes to reporting obligations in response to COVID-19
… extensions to reporting due dates, nor to relax the governance requirements applying to reporting to APRA. The …
Extension of the modernised economic and financial statistics (EFS) reporting parallel run
… entity please contact the Senior Manager, Data Design and Governance at DataConsultations@apra.gov.au . Yours …
NGFS Pledge – Combined statement from APRA and the RBA
… arising from climate change, including with respect to governance, risk management, scenario analysis and …
Consultation - draft guidance on remuneration
… remuneration policy is an important component of sound governance. An entity’s long-term soundness requires prudent … 1 This could include regular disclosure on: remuneration governance and oversight, including qualitative information …
APRA policy priorities: Interim update - September 2021
… standards for Insurance in super and Investment governance, ahead of a more comprehensive review of other key …
Approval to own or control an RSE licensee: Proposed class exemption
… shareholding of 15 per cent or less. APRA’s view is that governance concerns with individual directors are managed …
Indemnities in divestments
… require particular diligence, given their uncertainty; Governance arrangements and accountabilities are clearly …
Response to submissions - Minor amendments to Prudential Standard SPS 310 Audit and Related matters
… robust processes and systems, supported by appropriate governance and oversight, to report accurate data under the … and systems are robust, and supported by appropriate governance and oversight, to report accurate data under the …
Findings from CPS 511 pre-implementation review
… about CPS 511’s key requirements: remuneration framework, governance, design and consequence management. In total, the … more than 60% of entities surveyed considered remuneration governance to require only a low level of change. … of mitigating controls. Some entities were establishing governance, accountability and reporting processes to …
Superannuation prudential framework - consequential audit updates
… and Related Matters (SPS 310) Prudential Standard SPS 510 Governance (SPS 510) Prudential Standard SPS 520 Fit and … to attached draft SPS 310 for proposed changes. SPS 510 Governance SPS 510 is updated to incorporate new references …
Superannuation prudential framework – minor and consequential audit updates
… Matters (SPG 310) Retired Prudential Standard SPS 510 Governance (SPS 510) Consequential amendments Prudential … assurance compliance review. Prudential Standard SPS 510 Governance New references to the Corporations Act are …
Letters, notes and advice for life insurers and friendly societies 2010-2014
… to submissions on consolidating prudential standards: Governance, Fit and Proper, outsourcing and business …