governance
APRA responds to Royal Commission Final Report
… in particular, the central role that APRA’s work on governance, culture and remuneration will play in … and specific deterrence in appropriate cases, and APRA’s governance and other related arrangements in relation to …
Notes for Grattan Institute Panel Session
… that a focus on data quality by trustees is important. 5. Governance Improvements to governance needed in a range of areas; range of practices … Investments, insurance, conflicts management, etc. Governance, risk management and risk culture inherently …
APRA accepts court enforceable undertaking from Cbus and launches investigation
… plan prepared by Cbus to address weaknesses in governance and expenditure processes identified by an … Margaret Cole said: “APRA expects trustees to have robust governance, compliance and risk management frameworks in … program to rectify underlying behavioural, cultural and/or governance failures within the trustee observed by APRA …
APRA releases response to submissions and draft prudential standards for superannuation
… 310 Audit and Related Matters; Prudential Standard SPS 510 Governance; and Prudential Standard SPS 520 Fit and Proper. … of Interest ; and Prudential Standard SPS 530 Investment Governance . APRA’s response paper and the 11 draft …
APRA shares international report on diversity, equity and inclusion practices in the insurance sector
… further work to examine the link between DEI and governance, risk management and corporate culture, and also … and decisions challenged effectively, thereby enhancing governance and risk management. APRA has also previously … part of this year’s review of Prudential Standard CPS 510 Governance. The IAIS Stocktake on diversity, equity and …
APRA releases harmonised standard and proposed guidance on risk management
… is also releasing an amended Prudential Standard CPS 510 Governance (CPS 510) to ensure that governance requirements related to risk management are … focussed today on the quality of an institution’s risk governance and its risk culture. Our enhanced risk management …
APRA releases guidance on managing the financial risks of climate change
… as part of their existing risk management and governance frameworks. APRA has developed CPG 229 in … covers APRA’s view of sound practice in areas such as governance, risk management, scenario analysis and …
APRA releases Trio investigation report
… to a number of key factors: inadequate investment governance processes; failure to adequately manage conflicts … out of Trio are the importance of a sound investment governance framework, adequately managing conflicts of … in superannuation also cover areas such as investment governance, conflicts of interest and risk management. Q: Are …
Deputy Chair Helen Rowell - speech to the Australian Institute of Company Directors Breakfast
… Commission and subsequently were the result of failures in governance and culture. These are areas where it can be … and understanding of the changes needed to promote sound governance and culture is also still developing. Weaknesses … – and regulators – to enhance their approach to issues of governance, culture, remuneration and accountability (GCRA), …
APRA agrees to court enforceable undertaking from AMP Super over compliance deficiencies
… Limited (collectively AMP Super) pledging to rectify governance and risk management deficiencies. AMP Super … AMP Super in June 2019 in response to concerns about its governance and risk management frameworks. Although AMP Super … members in some cases); and continue to enhance its governance controls, risk management and processes for acting …
The super system - what is on APRA's watch-list?
… this morning: Industry response to strategic issues; Governance, risk management and risk culture; Investment governance and management; and MySuper and assessment of … provided through superannuation funds; and investment governance and management issues. The final shape of the …
APRA Member Margaret Cole – Remarks to the Fund Executives Association Limited Members' Discussion Forum
… Performance and performance tests; MySuper and Choice; Governance; The best financial interests duty; Member … be brief – so I want to highlight three areas: Performance Governance Member engagement 1. Performance As you know, 13 … range of tools to get our messages across more widely. 2. Governance On governance: I have been at APRA for five …
APRA Deputy Chair Helen Rowell - Speech to AIST Online Chairs Forum
… 2021 with reporting due in September next year. Board governance As you all know, the super system now manages … tremendous responsibility. Yet, we continue to see board governance that significantly lags better practice. By no … harder into these issues, so that all boards lift their governance practices and break the nexus with the past where …