governance
Prudential Practice Guide - SPG 510 – Governance
… Prudential Practice Guide - SPG 510 – Governance …
Review into superannuation trustees' treatment of private equity asset - Canva
… assess compliance with APRA’s unlisted asset valuation governance requirements and expectations; and form a view on … enhancements to Prudential Standard SPS 530 Investment Governance (SPS 530), which incorporated our findings from … in certain areas of unlisted asset valuation and governance practices following the release of these …
APRA Deputy Chair Margaret Cole - Remarks to the Conexus Chair Forum
… ASIC’s priorities for 2025. I want to focus my remarks on governance, an area that is fundamental to your roles as … to APRA. But rather than talk in the abstract about good governance, I’d like to discuss the importance of your governance roles in the context of some of the issues and …
APRA publishes executive accountability statements
… Authority (APRA) has published a document outlining its governance arrangements, along with accountability statements for its senior executives. The paper, titled Governance and Senior Executive Accountabilities, describes APRA’s internal governance and accountability arrangements and is supported …
APRA's AI Transparency Statement
… usage patterns related to AI in agencies. Monitoring and Governance Accountable Officials: APRA has designated a panel …
Climate Change Financial Risks
… (CPS 220), SPS 220 Risk Management (SPS 220), CPS 510 Governance(CPS 510), SPS 510 Governance (SPS 510) and, more generally, to outline prudent …
APRA reduces Westpac’s operational risk capital add-on by $500 million
… in response to the bank's progress in improving its risk governance, culture and risk management. APRA imposed a … the higher operational risk identified in the bank’s Risk Governance Self-Assessment. An additional $500 million … risk profile of the bank, primarily due to risk governance concerns. Westpac then entered a Court …
APRA applies additional licence conditions on Insignia Financial Ltd trustees
… entity (RSE) licence conditions are designed to address governance and risk management deficiencies that were either … from today, the Insignia Trustees must: enhance their governance in relation to member outcomes, oversight of … expert to examine the operational effectiveness of their governance, accountability and risk management frameworks and …
Life insurance claims management
… trustees. Letter: Life insurance claims oversight and governance: APRA review of responses to information request … handling Letter: Life insurance claims oversight and governance: APRA review of responses to information request … 12 October 2016 Letter: RSE Licensee claims oversight and governance: APRA review of responses to information request - …
APRA finalises enhancements to superannuation data collections
… data on liquidity and valuation risk to assess investment governance of, and exposure to, these risks. Enhancing the … on trustee boards for a comprehensive understanding of governance practices and effectiveness of superannuation … the financial resilience of funds and the robustness of governance, including investment governance, to deliver …
APRA's response to Royal Commission recommendations
… practice. Recommendation 5.7 - Supervision of culture and governance In conducting its prudential supervision of … to sound management of conduct risk and improving entity governance. Government response The Government supports APRA … APRA has been reviewing its approach to the supervision of governance, culture and remuneration in light of lessons from …
APRA applies additional $20m capital requirement to RAC Insurance
… requirement to RAC Insurance Pty Ltd (RAC) following a governance prudential review. The review, undertaken by … decision making. APRA notes that RAC has reviewed its governance framework and is implementing an action plan to … and to verify their effectiveness in addressing governance concerns. APRA Member Suzanne Smith said: “Board …
APRA defers development of enhanced superannuation statistics
… publications pending the outcome of the Review into the Governance, Efficiency, Structure and Operation of …
APRA releases findings on review of superannuation trustees' treatment of private equity asset
… (APRA) has released findings of a review into the governance practices followed by registrable superannuation … the focus of a targeted review of unlisted asset valuation governance due to its public profile as an asset in a … released today, APRA found the majority of RSE licensees’ governance practices related to their valuation of Canva …
APRA seeks greater industry transparency in latest phase of the Superannuation Data Transformation
… its data collection in areas including trustee board governance and investment liquidity and valuations. The … and board committees to provide greater insights into the governance practices and effectiveness of superannuation … data, including data to inform assessments of investment governance and exposure to liquidity and valuation risk. This …