governance
APRA and ASIC issue final rules and further guidance for the Financial Accountability Regime
… In doing so, the FAR aims to improve the risk and governance cultures of those financial institutions. Today’s …
APRA imposes additional licence conditions on trustee of Energy Industries Superannuation Scheme
… arising from APRA’s investigation into expenditure and governance matters at EISS that commenced in May this year, …
APRA welcomes new appointment
… APRA Members: Given her strong experience in relation to governance and conduct-related matters, Ms Cole will take on …
APRA releases information paper on BEAR implementation at three large ADIs
… in the review as part of APRA’s strategy to transform governance, risk culture, remuneration and accountability …
APRA announces Terms of Reference for enforcement strategy review
… effects in appropriate cases; and d) APRA’s internal governance, organisation, enforcement strategy, resourcing … to be presented to the APRA Members by 31 March 2019. Governance 6. The Review will be conducted by APRA Deputy …
APRA Chair John Lonsdale - Speech to FINSIA The Regulators 2023
… to operational resilience is APRA’s ongoing focus on governance, risk culture, remuneration and accountability. …
Opening Statement - June 2010
… implemented through our existing prudential standards on governance; we see remuneration incentives as an important … focus is ensuring that institutions have appropriate governance structures to deal with remuneration, and … the prudential framework for life insurers, dealing with governance, audit and actuarial matters; a comprehensive set …
APRA Member Margaret Cole – Remarks to the Association of Superannuation Funds of Australia webinar
… indicates there may be broad problems with investment governance that impact all investment options that are offered. So trustees will need to step up their governance processes and weed out underperforming offerings …
APRA Deputy Chairman, John Lonsdale - Speech to the 2019 Actuaries Summit
… constitutes a financial risk into areas such as culture, governance, remuneration and consumer outcomes. This applies … climate risk, and we intend to review our cross industry governance and risk management standards this year to ensure … licensees around environmental, social and corporate governance. On the Royal Commission, we continue to gather …
Risk-based supervision: How can we do better? An Australian supervisory perspective
… prudential regulators; not governments; and especially not governance and risk management practices across the financial … by having in place sound internal risk management and governance processes. To this end, APRA has been devoting considerable attention to the corporate governance framework, risk appetite statements and management …
Life Risk Insurance – a challenge to the life industry: managing for long term portfolio health
… and to propose a shift in thinking about management and governance of life risk business, aimed at more stable and … significant change in thinking about management and governance of life risk business. The industry and its … of time. So unless actively addressed in management and governance this accumulation of risk and uncertainty is …
Responding to the global financial crisis - What's on the reform agenda?
… of sound risk management practices and good corporate governance within financial institutions; and active … measures: sound underwriting principles and good corporate governance. These are also things that are already in place … the form of extensions to APRA’s prudential standards on Governance and will require boards of regulated financial …
Achieving a stable and competitive financial system
… banking and insurance that are identical with respect to governance, fitness & propriety, risk management, outsourcing … heightened supervisory intensity in recent years have been governance, culture, and remuneration. The three go … choose to compete. They need to establish strong governance arrangements that allow board and senior …
Opening Statement to Senate Economics Legislation Committee– April 2019
… enhancing the supervisory framework and approach for governance, culture and remuneration applying to all …