Are You Underestimating the True Risks of the Emergency Services Levy?
The Emergency Services Levy (ESL) is a complex tax that needs an end-to-end process, from setting targets through to monitoring actual experience.
The Emergency Services Levy (ESL) is a complex tax that needs an end-to-end process, from setting targets through to monitoring actual experience.
In August of 2025, the New Zealand Cabinet approved the preparation of an amendment to the Insurance (Prudential Supervision) Act 2010, colloquially known as “IPSA”.
The publication provides us with APRA’s most comprehensive view on systemic risk and geopolitical risk together to date. In this article we review APRA’s observations and consider implications for the risk functions of APRA- regulated entities.
The PFS team has been involved in numerous APRA and ASIC licencing projects including Banks (ADIs), Restricted ADIs (RADIs) and Insurers. PFS has firsthand experience of the challenges, APRA’s expectations and requirements, and how to manage what can be a complex and lengthy process.
In this article, we explore considerations for financial institutions from the recent speeches by APRA Executives, specifically that of Chris Gower1, Executive Director of Cross Industry Risk.
As of 1 January 2025, climate-related financial disclosures are mandatory in Australia under a phased three-year rollout.
A fund’s default insurance settings serve as a critical point of differentiation and have a meaningful influence on member retention rates.
APRA has proposed measures to strengthen governance in financial institutions. Read the summary of the problem statements along with proposals