PFS Consulting Supports RBNZ with THE Strategic Review of Interim Solvency Standards (ISS)
PFS Consulting is pleased to have assisted the RBNZ with an external review of the Interim Solvency Standards (ISS) as described in their recent consultation package.
Financial Accountability Regime (FAR) has commenced
March was a busy month with the release of regulator rules, transitional rules and the release of a consultation package for RSE licensees and insurers.
A five-minute summary of the Hayne Royal Commission findings
By now you have probably begun analysing the findings of the Hayne Royal Commission – however if you need a top line catch up, here’s our summary, with some of our own thoughts added.
Why is risk management a challenge for banks?
ANZ, Citigroup and Deutsche Bank are three more names to join the long list of financial institutions that have faced criminal charges.
The collaboration conundrum: Lessons from the APRA/CBA report
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 the Commonwealth Bank of Australia (CBA), which culminated in the flouting of several aspects of anti-money laundering legislation, is certainly damning.
