Regulatory and supervisory bodies are recognizing that there is value in improving the management of culture and conduct risk for their own organizations.
Observations
Nov 29, 2022At the Financial Services Assurance Forum last week, Australian Prudential Regulation Authority’s (APRA) Stuart Bingham explained why the regulator sees risk culture as a prudential concern, and how it is working to drive improvement in the financial industry.
Observations
Jul 15, 2022The Australian Prudential Regulation Authority (APRA) recently proposed new disclosure requirements regarding how banks, insurers, and superannuation funds design their remuneration systems, and how risk is factored into compensation-related decisions.
