APRA shares the results of a survey that sought views from employees at 18 ADIs on their risk management practices.
November 12, 2022Based on responses from almost 7,200 insurance employees, APRA found some of the lowest scores in risk governance and controls.
October 15, 2021APRA is piloting a risk culture survey, independent cyber security reviews, and a new data collection exercise on technology and cyber risks.
May 3, 2021Priorities include updates to the prudential standards on remuneration, resolution and recovery planning, operational risk, governance and risk management.
February 2, 2021CBA had the most developed approach to implement the BEAR, benefitting from the execution of its remedial action plan associated with the Prudential Inquiry.
December 11, 2020The move to the new Supervision Risk and Intensity Model could lead to a change in the intensity of supervision that APRA applies for some entities.
October 6, 2020We need real-time insights into cultural drivers of behaviour rather than backward-looking surveillance systems designed to catch bad actors after-the-fact.
September 18, 2020To avoid individual liability, leaders along all Three Lines of Defence must identify indicators of non-financial risk that permit “upstream” interventions, say Stephen Scott and Mark Cooke.
August 3, 2020The demands being imposed on the global banking system highlight the Achilles Heel of nonfinancial risk management and, particularly, misconduct risk, says Stephen Scott at Starling.
March 21, 2020Chairman Wayne Byres says publishing APRA's policy and supervision priorities supports the regulator's commitment to greater transparency and accountability.
January 31, 2020