governance
APRA imposes additional licence conditions on Christian Super
… investigation into Christian Super’s investment oversight, governance and strategic decision-making. They are also aimed …
APRA accepts Court Enforceable Undertaking from ANZ and increases capital add-on to $1 billion
… noted some improvements in the culture, conduct and risk governance in ANZ’s Global Markets business, it identified … have contributed to the emergence and persistence of risk governance shortcomings. It also cautioned that shortcomings …
Opening Statement
… of its inquiry into the Government’s proposals to improve governance, transparency and member outcomes in …
Credit risk provisioning practices for locally incorporated authorised deposit-taking institutions
… appropriately documented analysis and robust controls and governance. This includes sound processes for the application … with judgmental adjustments, APRA expects that appropriate governance to be in place for sensitivity analysis, including …
APRA sets out policy and supervision priorities for 2020
… cyber-resilience in the financial sector; and transforming governance, culture, remuneration and accountability (GCRA) … on remuneration, and updating prudential standards on governance and risk management. APRA will also work closely …
A message from APRA Executive Director Sean Carmody
… processes will have to adapt, a foundation of good governance and a strong risk culture will position …
APRA Chair Wayne Byres and Executive Director of Superannuation Suzanne Smith - Trans-Tasman Business Circle "Meet the regulators" event
… our agenda has been directed at improving frameworks for governance, risk management and operational resilience. Each … hatches Another key area for APRA concerns investment governance. As global economic conditions become more … volatility increases, appropriate and effective investment governance is essential to generate sustainable returns for …
Six issues for 2016
… measures that could help to improve resolvability. Governance and culture Regulators have a task to reduce the … At the heart of that challenge are the related topics of governance, culture and remuneration. That is why we have … existing prudential standards. Under the broad heading of governance, culture and remuneration, we obviously can’t do …
APRA Executive Director of Insurance Sean Carmody speech to Future of Insurance 2024
… “back to basics” and has been working on improvements to governance and risk management. The life insurance industry …
APRA Deputy Chair Margaret Cole - Speech to the AFR Super & Wealth Summit
… the industry has made significant strides to strengthen governance, improve industry practices, and address … system and member outcomes. The update to our investment governance standard that came into effect in January this … To do this, trustees must have in place strong investment governance policies - including strong valuation governance. …
Superannuation prudential standards and guidance - frequently asked questions
… and Member Outcomes - frequently asked questions . Governance 1. The version of the Superannuation Legislation Amendment (Trustee Governance) Bill 2015 (the Bill) introduced into Parliament … to make a further change to Prudential Standard SPS 510 Governance to include a requirement for RSE licensees to …
APRA Update - ICA Regulatory Update Seminar
… of groups, and greater emphasis on and scrutiny of governance and risk management practices in all financial … including capital and solvency risk management and governance executive remuneration accounting standards. I …
Crypto-assets: Risk management expectations and policy roadmap
… with existing prudential requirements for investment governance. 8 Operational risk: There are likely to be a … Other risks: There would also be risks to consider around governance and accountabilities (in particular where there is … of the SIS Act and Prudential Standard SPS 530 Investment Governance respectively. Prudential Standard APS 220 Credit …
Deputy Chair Helen Rowell - speech to Investment Magazine's Chair Forum
… will kick off with consultation on proposed changes to our governance, conflicts and fit and proper standards, and also our investment governance standard and sole purpose test guidance. We will … members’ interests has lifted substantially. Standards of governance have lifted. Risks are better identified and …
Licensing guidelines for authorised deposit-taking institutions
… on a stand-alone basis. This includes having local governance arrangements, such as a local board. Overseas bank …
Draft Prudential Practice Guide on Climate Change Financial Risks
… as part of their existing risk management and governance frameworks. The final guidance, the response … 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's functions
… in relation to: financial soundness; risk management; and governance. In some areas, there are also additional …