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. |
Editor's Choice
Vale Mark Johnson
Mark Johnson, a founding leader of Macquarie Group, has passed away.
Inflation hits 4.3%, RBA says it remains 'too high'
Australia's inflation rose to 4.3% in the 12 months to September, according to the latest data from the Australian Bureau of Statistics (ABS).
Cbus creates new role for legal operations
Cbus has welcomed a legal specialist to join the fund in a newly created role of group head of legal operations and strategy, bringing relevant experience from regulators ASIC and APRA.
Dexus to pay $30m in legal bills for leaked airport data case
The Supreme Court of NSW has ordered Dexus to cover close to $30 million in legal costs incurred by Melbourne Airport owner Australia Pacific Airports Corporation (APAC) and its shareholders, after the property giant lost a court fight over claims it improperly shared confidential data while trying ...
Further Reading
Products
Expert Feed
Featured Profile

David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







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.