governance
APRA moves to strengthen capital standards in private health insurance
… completion of Phase 1 (risk management) and Phase 2 (Governance) . Consultation on the new capital framework will …
Opening Statement to Senate Economics Legislation Committee - October 2019
… resilience across the financial system; and transforming governance, culture, remuneration and accountability across … we have a major program of work aimed at transforming governance, culture, remuneration and accountability …
Opening Statement to Senate Economics Legislation Committee - March 2020
… out APRA’s enhanced approach to regulating and supervising governance, culture, remuneration and accountability (GCRA) … information sharing. In December, we published APRA’s governance arrangements and accountability statements for …
Computer terminal velocity: APRA's response to an accelerating risk
… and instead relying on machine-to-machine interactions, governance and transparency become inherently difficult. With …
APRA Executive Board Member, Geoff Summerhayes - Speech to the International Insurance Society Global Insurance Forum
… than life and private health insurers when it came to governance, risk management and strategy, including an …
Australia's new horizon: Climate change challenges and prudential risk
… at: https://cpd.org.au/2016/10/directorsduties/ . AICD Governance Leadership Centre, December 2016 Update . http://aicd.companydirectors.com.au/advocacy/governance-leadership-centre . ‘Liability risks’ stemming …
APRA Executive Board Member Suzanne Smith – Speech to the Members Health Directors’ Professional Development Program
… we have been underwhelmed by the apparent state of risk governance maturity found in those reviews, compared to … explore with you this year as we increase our focus on governance. We are also finalising a discussion paper that proposes changes to our core governance prudential standards across all APRA-regulated …
Cyber security stocktake exposes gaps
… weaknesses to APRA, and would benefit from: having clear governance processes for escalating incidents and control weaknesses to relevant governance bodies and notify APRA in a timely manner; and … to address shortfalls in their cyber security controls and governance policies. APRA will continue to work with those …
APRA Executive Board Member Suzanne Smith - Speech to the Insurance Council of Australia Annual Conference
… material service providers that should have commensurate governance in place. Although claims handling and customer …
APRA Executive Director, Superannuation Division, Suzanne Smith - Speech to the ASFA Spotlight on Risk & Compliance event
… years, APRA has stepped up its focus on transforming governance, culture, remuneration and accountability across … sector also has more work to do. Building on the risk governance self-assessments of 2018/19 and the recent … Communication and escalation Risk capabilities Risk governance and controls Responsibility and accountability …
APRA update on implementation of Royal Commission recommendations
… and specific deterrence in appropriate cases, and APRA’s governance and other arrangements in relation to enforcement …
APRA seeks further improvements from superannuation licensees to manage conflicts of interest
… out in conjunction with the thematic review of board governance, which was released last week. APRA's letter to …
APRA launches review of capital requirements for private health insurers
… this year, while Phase Two, aimed at lifting standards of governance and decision-making, was finalised in September …