In this article, we aim to improve your understanding of APRA’s proposed CPS 230 Operational Risk Management and the journey of risk maturity that Boards and Management will need to take to enhance operational resilience and value.
The Anti-Money Laundering and Counter-Terrorism Financing Amendment (AML/CTF) Bill 2024 was passed in Parliament on 29 November 2024. The reforms to the existing AML/CTF act were driven by the need to:
Last week, the PFS Consulting team attended AI Con, hosted by the Actuaries Institute. The conference showcased the rapid evolution of AI and the need for industries to adapt to its transformative potential.
Some not-for-profit enterprises (NFPs) provide services for a group of people over an extended period of time. Services can include providing accommodation, covering living expenses, and supporting charitable activities.
Pet insurance has a history dating back to 1890 when the first policy was issued in Sweden focusing on horses and livestock. By 1924, Sweden expanded coverage to include dogs and the concept crossed borders, reaching the United Kingdom in 1947 with the issuance of its first pet insurance policy.
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PFS Consulting is an actuarial and risk consultancy providing foresight, insight, and oversight.
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PFS Consulting maintains full alignment with the Essential Eight Maturity Model from the Australian Cyber Security Centre (ACSC) Our full suite of policies and procedures also reference ISO/IEC 27001 supporting the requirements of that standard.
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