Operational Resilience – A bigger game and a broader perspective
In July 2023 APRA published its new Operational Risk Management Prudential Standard, CPS230, which comes into force on 1 July 2025. To date, there is no accompanying explanatory CPG230.
Financial Accountability Regime is now law – A guide for financial institutions
The Financial Accountability Regime has become law. Don’t miss Madeleine’s guide, designed to explain the regime’s implications, and ensure seamless compliance for financial institutions.
APRA’s Guide for Directors
APRA’s recently released Guide for Directors is a must read for financial institution Directors, CEOs & Executives.
The Special Needs of Financial Services Boards
Many recent reviews into the financial services industry have identified widespread and systemic misconduct. Whilst some misconduct has been unlawful, much has been simply behaviour that has not met community standards and expectations.
Principles of value attribution for Unit pricing and Crediting rates – Business as Usual and Compensation
All investment products, superannuation and otherwise, require the attribution of value to investors. Generally, the changes in value to be attributed at specific points in time (daily, weekly, monthly, …) reflect changes in value of underlying assets.
The Royal Commission: Questions to ask in financial services
The interim report of the Royal Commission into Financial Services (released on September 28) was certainly damning.
Superannuation comes under scrutiny: Issues of note
The financial services royal commission turned its sights to Australia’s $2.6 trillion superannuation industry.
The evolution of people-centred risk management
Until the Global Financial Crisis (GFC), risk management was often focused on building frameworks through policies, procedures, and governance arrangements.
