Outsourcing risk worries APRABY BEN COLLINS | FRIDAY, 21 SEP 2012 11:25AMConcern 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. |
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The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
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.