APRA finalises amendments to guidance on recovery and resolution planning
New prudential standards aim to ensure entities have plans to respond to severe financial stress
Source: insurancebusinessmag.com
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Australian Financial Services Regulatory Update | Q3–Q4 2022 | Jones Day
This edition of the Update covers: Recent legal and regulatory developments, including guidance to APRA-regulated entities following the cyber attacks on Medibank and...
Source: jdsupra.com
Loan letters a legal minefield, accountants warned
CA ANZ says members should resist pressure from clients and decline requests for finance letters. Accountants enter a legal minefield if they provide “finance letters” for clients and should re
Source: accountantsdaily.com.au
Government consults on mandatory climate risk disclosure framework
On 12 December 2022, The Australian Department of the Treasury (Treasury) released a Consultation Paper regarding the introduction of mandatory…
Source: lexology.com
More work needs to be done to address climate risk – APRA
Few institutions have fully embedded climate risk across their risk management framework, survey finds
Source: brokernews.com.au