Financial Standard Comments - Outsourcing risk worries APRA Concern over banks increasing their use of overseas outsourcing without appropriate due diligence, has been flagged by the Prudential Regulation Authority in its Insight paper, published earlier in the week. https://www.financialstandard.com.au/feed/latest?story=22783882 Fri, 21 Sep 2012 14:30:27 +1000 Fri, 21 Sep 2012 14:30:27 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by P Cavanagh (Westpac) its commonsense isn't it really, oh did I say common, the robots receiving massive and bloated bonus's just push Australia's financial independence and knowledge into a small area of another country, Whilst the terrorist world sit back and wait for the time that they'll probably decimate and cripple the world economies with one small bomb blast. Well done APRA in allowing our financial institutions to do what they like, when they like whilst you continually sit back on your mates bloated wallets.

These countries have no idea of DR or security and yet our so called leaders keep saying the Australian workforce is too expensive or we don't have the expertise......total and utter horse feathers. These people continually spin this line so as to justify their poor management and exorbadent wage.

The sooner APRA get some cahones and start doing their jobs the better, else best buying your own safe.

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]]> P Cavanagh (Westpac) Fri, 21 Sep 2012 14:30:27 +1000