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.
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:
Ian Laughlin appointed as a Principal of PFS Consulting
Ian is a former Australian Prudential Regulation Authority (APRA) Deputy Chair, and has had more than 40 years’ experience in the finance and insurance industry.
Submission to APRA Prudential Standard CPS 511 – Remuneration
PFS Consulting is pleased to provide this submission in relation to the draft Prudential Standard CPS 511 – Remuneration (“CPS 511”).
What are the practical and hidden implications of the new APRA remuneration standard CPS 511?
The proposed APRA executive remuneration standard, CPS 511, aims to ensure that remuneration arrangements in the financial services effectively manage both financial and non-financial risks.
Staying ahead of the wave: will the recommendations from the Royal Commission cause a tsunami of changes for executive remuneration?
Tucked neatly in the Royal Commission report, starting on page 347, is a little section that focuses on Executive Remuneration.
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.
Insurance and the Royal Commission
Insurance was the last sector to come under scrutiny by the Royal Commission. Ineffective regulation, aggressive sales tactics and difficult claims processes were just some of the issues uncovered.
