governance
Beyond the Global Financial Crisis: A Prudential Perspective
… the importance of sound and robust risk management and governance; the positive influence of good prudential … the business and meet required standards of board-led governance. In aggregate these criteria represent a higher … the provisioning possibility is through the quality of governance of our institutions — their responsibility — and …
Member Therese McCarthy Hockey’s remarks to AFIA Risk Summit 2024
… our primary concern as a prudential regulator relates to governance, which is often challenging with fast-moving and …
APRA Member Margaret Cole - Speech to the Financial Services Council Policy Briefing
… of all – climate change – the emphasis on leadership and governance needs are even more to the fore. Yet as Chrissie … minimum expectations in areas including investment governance, successor fund transfers, financial resilience …
APRA issues directions to companies within the IOOF group for failing to comply with licence conditions
… to ensure improvement to IOOF’s organisational structure, governance and conflicts management frameworks. The …
APRA consults on proposals for the supervision of conglomerate groups
… on a range of principles‑based risk management and governance standards that will apply to the parent company of …
APRA releases proposals for consolidating certain prudential standards
… areas: outsourcing; business continuity management; governance; and fit and proper. APRA's approach to date has …
APRA releases final prudential standard and prudential practice guide on risk management
… with the increased emphasis that has been placed on sound governance and robust risk management practices in response …
APRA increases capital requirements for Heritage Bank
… remediation program to address areas of concern regarding governance, risk management systems, processes and …
APRA releases consultation package on risk management for private health insurers
… thematic review by APRA of private health insurers’ risk governance and operational risk management arrangements and …
APRA releases findings from stress testing assessment of authorised deposit-taking institutions
… stress testing capabilities of 28 ADIs, focusing on governance, scenario development and use of stress testing. …
Deputy Chair John Lonsdale - speech to FINSIA's The Regulators event
… resilience across the financial system; and transforming governance, culture, remuneration and accountability across … insurer in response to weaknesses identified in their risk governance self-assessments; we publicised our decision to … concerns their efforts to improve their approach to governance, culture, remuneration and accountability (GCRA). …
The Global Financial Crisis - Lessons for the Australian Financial System
… of owners. As the recent Walker Review of corporate governance in UK banking institutions has lamented, major … factors were failures in risk management and corporate governance arrangements, distorted incentives, inadequate … system and they have obvious implications for risk governance and the regulatory framework, globally and in …
Opening Statement to Senate Economics Legislation Committee - June 2021
… and private sector experience, with a particular focus on governance, risk management and enforcement. We very much … of climate-related financial risks, including aspects of governance, strategy, risk management and disclosure. As we …