governance
APRA announces policy priorities for 2019
… framework to lift the bar for industry in terms of governance, remuneration practices, and the management of … not just having a healthy balance sheet, but also strong governance, a sound culture, appropriate internal controls, … to start mid-year. We will also review our cross industry governance and risk management standards this year to ensure …
APRA consults on remuneration
… comprises a discussion paper, draft extensions to the governance standards already applying in these industries and … proposed remuneration requirements are contained in our governance standards,' APRA Executive Member John Trowbridge … to comply with the proposed requirements in the governance prudential standards and, more generally, will …
APRA Deputy Chair Margaret Cole - Opening remarks to the AIST Chairs Forum
… the room, I can’t pass up the opportunity to discuss board governance, an area of ongoing and increasingly sharp focus … has been working with trustees to improve the quality of governance across the superannuation industry. We want to … organisations face. This includes areas such as investment governance as well as new and emerging risks such as cyber …
APRA's organisation structure
… operational and cyber security risk, climate risk and governance, as well as thematic and system-wide work … design, business and enterprise data reporting and data governance. The team also manages APRA’s day-to-day … of Corporate Affairs, Regulatory Affairs, Strategy, Governance, People and Culture, Finance, and Project and …
APRA Member Geoff Summerhayes - Speech to the Members Health Directors Professional Development Program
… We’ve placed particular emphasis on risk management, governance and capital – the three phases of our PHI Roadmap. … they can better control, particularly in the areas of governance, business planning and risk management. Boards …
APRA Annual Report 2020/21
… in accordance with sections 43 and 46 of the Public Governance, Performance and Accountability Act 2013 . Media …
Opening Statement to the House of Representatives Standing Committee on Economics - August 2020
… improving superannuation outcomes, transforming governance, culture, remuneration and accountability within … tools and skills to better supervision culture and governance, including in relation to misconduct In progress. … in its November 2019 Information Paper , Transforming governance, culture, remuneration and accountability: APRA’s …
Opening Statement
… well boards and management are addressing key strategic, governance and operational areas whilst also ensuring they … the industry. A key area of focus in 2015 was investment governance practices. In 2016, we will be looking in more … the outcomes of the Royal Commission into Trade Union Governance and Corruption as it relates to superannuation …
Opening Statement to Senate Economics Legislation Committee - November 2022
… strengthening financial resilience, and investment governance. In addition to these superannuation …
APRA announces ‘unquestionably strong’ capital benchmarks
… capital position still needs to be complemented by sound governance and risk management within ADIs, and on-going …
Understanding and managing the financial risks of climate change
… with the recommendations of the TCFD, including aspects of governance, strategy, risk management, metrics and … internationally. Update of environmental, social and governance investment prudential guidance In response to … to update Prudential Practice Guide SPG 530 Investment Governance (SPG 530). SPG 530 aims to assist a registrable …
Opening Statement House of Representatives Economics Committee - August 2019
… financial system stability and resilience, to strengthen governance in the superannuation sector, to build cyber … a program of review of the sector’s risk management and governance standards. The Royal Commission, the Enforcement … directed at APRA. These addressed APRA’s expanding role in governance, culture and remuneration, increasing engagement …
Executive Remuneration - The Regulatory Debate
… financial industry. The principles aim to ensure effective governance of compensation, alignment of compensation with … institutions relate to capital, risk management and governance, supported by regular financial reporting. This is the essence of APRA’s regulation. Regarding governance, APRA requires that each company's board accept …
Opening Statement to Senate Economics Legislation Committee - February 2024
… boost our data collection in areas including trustee board governance and investment liquidity and valuations. Noting … enforcement actions, including two relating to poor risk governance and one relating to weak cyber-controls. Finally, …
Supervision and policy priorities timelines
… 2024 Remuneration disclosures CPS 511 Finalise 2024 Governance CPS 510 Consult Finalise 2025 Groups Various … Expected activity Targeted operational resilience and governance reviews Selected entities Expected activity … Code 1H 2023 2H 2023 2024 Expected effective Investment governance SPG 530 Consult Finalise - Strategic planning …
APRA releases its policy and supervision priorities for 2021
… updating prudential standards on operational risk, governance and risk management, and consulting with industry … reviews and deep dives, and working to close risk governance issues currently requiring capital overlays; and …