The interim report of the Royal Commission into Financial Services (released on September 28) was certainly damning. It paints the picture of a financial services… Read More »The Royal Commission: Questions to ask in financial services
The financial services royal commission turned its sights to Australia’s $2.6 trillion superannuation industry. A report was released on August 24, highlighting accountability, poor conduct and… Read More »Superannuation comes under scrutiny: Issues of note
ANZ, Citigroup and Deutsche Bank are three more names to join the long list of financial institutions that have faced criminal charges. In this instance,… Read More »Why is risk management a challenge for banks?
It’s been called Australia’s most scathing regulatory report to date. The Australian Prudential Regulatory Authority’s (APRA) inquiry into a succession of conduct and compliance issues at… Read More »The collaboration conundrum: Lessons from the APRA/CBA report
Until the Global Financial Crisis (GFC), risk management was often focused on building frameworks through policies, procedures, and governance arrangements. Culture was important, but the… Read More »The evolution of people-centred risk management
Upgrading your organisation’s digital infrastructure was once a way to stand out from the crowd. Now, it’s a necessity in order to avoid missing out… Read More »Governance in the digital age – is your board ready?
Changes are coming for superannuation funds. In December, the Australian Prudential Regulation Authority (APRA) proposed adjustments to the way funds implement business objectives, measure their outcomes… Read More »Proposed changes to superannuation: The PFS POV