governance
Opening Statement
… well boards and management are addressing key strategic, governance and operational areas whilst also ensuring they … the industry. A key area of focus in 2015 was investment governance practices. In 2016, we will be looking in more … the outcomes of the Royal Commission into Trade Union Governance and Corruption as it relates to superannuation …
Opening Statement to Senate Economics Legislation Committee - November 2022
… strengthening financial resilience, and investment governance. In addition to these superannuation …
APRA announces ‘unquestionably strong’ capital benchmarks
… capital position still needs to be complemented by sound governance and risk management within ADIs, and on-going …
Opening Statement House of Representatives Economics Committee - August 2019
… financial system stability and resilience, to strengthen governance in the superannuation sector, to build cyber … a program of review of the sector’s risk management and governance standards. The Royal Commission, the Enforcement … directed at APRA. These addressed APRA’s expanding role in governance, culture and remuneration, increasing engagement …
Executive Remuneration - The Regulatory Debate
… financial industry. The principles aim to ensure effective governance of compensation, alignment of compensation with … institutions relate to capital, risk management and governance, supported by regular financial reporting. This is the essence of APRA’s regulation. Regarding governance, APRA requires that each company's board accept …
Opening Statement to Senate Economics Legislation Committee - February 2024
… boost our data collection in areas including trustee board governance and investment liquidity and valuations. Noting … enforcement actions, including two relating to poor risk governance and one relating to weak cyber-controls. Finally, …
APRA releases its policy and supervision priorities for 2021
… updating prudential standards on operational risk, governance and risk management, and consulting with industry … reviews and deep dives, and working to close risk governance issues currently requiring capital overlays; and …
APRA Annual Report 2021/22
… in accordance with sections 43 and 46 of the Public Governance, Performance and Accountability Act 2013 . Media …
APRA takes action against Westpac over breaches of liquidity standards
… Lonsdale said. In December 2019, APRA commenced a risk governance review into Westpac and applied a $1 billion … in place until APRA is satisfied that deficiencies in risk governance have been adequately remediated. Footnote 1 For …
APRA finalises position on remuneration
… approach follows these principles. The relevant industry governance standards (APS 510, GPS 510 and LPS 510) and an … capital requirements on that institution. The revised governance standards will come into effect on 1 April 2010. …