Operational Risk Management – Top tips on CPS230

In this article on the implementation of APRA’s new operational risk standard, Daniel Frank, Madeleine Mattera, Jane Byrne, and Jules Gribble map out a pathway for successful implementation. We note that:
The road to recovery or an exit strategy?

APRA is finally addressing one of the biggest lessons learned from the GFC: the failure of firms to plan for the worst while still expecting public support to ride out a crisis.
APRA’s priorities for 2023

APRA recently released its Policy Priorities and Supervision Priorities for 2023. Read the PFS Risk Consulting team’s essential guide to what your financial institution needs to know:
APRA’s Guide for Directors

APRA’s recently released Guide for Directors is a must read for financial institution Directors, CEOs & Executives.
PFS Consulting welcomes Madeleine Mattera

PFS Consulting is pleased to welcome Madeleine Mattera as a Principal, expanding our risk and governance expertise.
CPS 230 The journey towards resilience

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.
Addressing Group Insurance Operational Risk

PFS Principal, Sean Williamson, recently produced a thought-provoking article about Operational Risk inherent in Insurance in Superannuation.
Risk Management Implications of Coronavirus (COVID-19) for Non-Executive Directors

PFS Principal Ian Laughlin is a member of a Working Group of the Actuaries Institute that has prepared this paper for the Institute’s Pandemic Resource Centre.