Senior Consultant – Risk Advisory FT/PT
Due to growth in our practice, PFS Consulting is seeking a Senior Consultant for a Client-facing role in our Risk Advisory practice.
Due to growth in our practice, PFS Consulting is seeking a Senior Consultant for a Client-facing role in our Risk Advisory practice.
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.
On 1 July 2025, APRA-regulated financial institutions will enter a new chapter in risk governance with the commencement of CPS 230: Operational Risk Management.
PFS Consulting supports enhancing governance standards but believe additional clarity is needed on some specific elements of the proposals, and how they will be implemented and enforced. We also think it’s worth considering when to provide more prescription in certain areas. We’ve also raised several important additional matters which were not explicitly addressed in the proposal.
As of 1 January 2025, climate-related financial disclosures are mandatory in Australia under a phased three-year rollout.
APRA has proposed measures to strengthen governance in financial institutions. Read the summary of the problem statements along with proposals
The Privacy and Other Legislation Amendment Act 2024 (the Amendment Act) was passed on 29 November 2024 and received Royal Assent on 10 December 2024,
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: