governance
Perspectives on the global regulatory agenda
… itself. At the heart of the crisis were failings in the governance and management of individual financial … the Basel Committee’s Principles for Enhancing Corporate Governance. Each of these four phases is critical to fully … that long-standing problems rarely have an easy answer. Governance and culture As the output from the regulatory …
APRA Deputy Chair Helen Rowell - Speech to the Insurance Council of Australia Virtual Industry Forum
… Risk Management 101". It involves a sharpening of governance and risk management frameworks, including risk … claims and exposure management, and – importantly – good governance. Getting these aspects right enables a win-win: … with the lowest scoring risk culture dimensions were: Risk governance and controls (which considers whether there is …
APRA Annual Reports
… in accordance with sections 43 and 46 of the Public Governance, Performance and Accountability Act 2013 . APRA …
APRA Insight - Issue 2 2018
… management of related party arrangements and, separately, governance practices in respect of board appointments, …
Enhancing Australia’s superannuation system: A vision for a sustainable future
… introducing legislation to enhance superannuation governance, accountability and member outcomes. The intense … Of course, examples abound of trustees with robust governance and business planning processes, resulting in … the diversity of their membership. Speaking at the AIST Governance Ideas Exchange last month , I observed that the …
Opening Statement to Joint Standing Committee on Trade and Investment Growth - August 2021
… products and services, provided they have the commensurate governance, risk management, internal controls and financial …
APRA farewells Deputy Chair Helen Rowell
… Helen also championed APRA’s cross-industry work on governance and risk management, and in the last few years … important that we practise what we preach about good Board governance, so after 10 years as Member and Deputy Chair, …
APRA moves to reinforce requirements for banks to manage interest rate risk
… to manage their IRRBB risk, including raising standards of governance and measurement of risk; and simplifying and … are required to have an appropriate risk management and governance framework to manage the impact of changing …
A regulator's perspective: What lies ahead
… management plan, business plan and financial projections. governance requirements, especially around board composition … consultation paper will consider the extension of capital, governance and risk management standards to such groups and … requirements for remuneration. Extensions to the governance standard (LPS 510) and a prudential practice guide …
A look through the rear view mirror and the road ahead
… that should be disclosed under Pillar 3. For example, risk governance arrangements (such as board and management … (on which APRA is represented) to consider the matter. Governance and Risk Management APRA is continuing its work on … we are also giving much more attention to risk governance and risk culture. Our thinking and intended …
APRA Member Margaret Cole - Speech to the AIST Conference of Major Superannuation Funds
… later this year. We will continue to push into areas like governance, business planning, investment governance and, importantly, the frameworks and … this essential and evolving issue. Across every category – governance and strategy, risk management, metrics, and …
No room for complacency on bank risk culture
… needed Banks have undertaken a lot of work to transform governance, risk culture, remuneration and accountability … is for this reason that APRA has focused on transforming governance, risk culture, remuneration and accountability … Inquiry) in 2018, and the subsequent outcomes of the Risk Governance Self-Assessments (RGSAs), ADIs have undertaken a …
The architecture of group supervision
… and limited attention was paid to risk management and governance. The fundamental questions are the same today as … risk sensitive introduced substantial risk management and governance requirements upgraded the requirements for, and … scrutiny of intra-group transactions, capital management, governance and risk management practices. Designing group …