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Showing 11 - 20 of 29 results for "Capability Review"

APRA endorses review recommendations

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... that aims to shakeup its culture and enforcement powers. Of the 24 recommendations from the Graeme Samuels-led Capability Review, APRA is endorsing the 19 recommendations dedicated to the regulator. APRA said the report proposes a "challenging and ambitious ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... landmark review that will force it to overhaul its entire structure. The Australian Prudential Regulation Authority Capability Review report, which was spearheaded by former ACCC chair Graeme Samuel, handed down 24 recommendations that seek to ultimately ...

Budget: RC response to cost over $600m

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... conduct over the next three years, as recommended by Commissioner Kenneth Hayne. The Budget also reveals APRA's capability review - which Hayne insisted the Government carry out "as soon as reasonably practicable" - will cost just $1 million, and has ...

Zero tolerance approach to poor culture needed

KARREN VERGARA  |  MONDAY, 18 MAR 2019
The newly appointed lead of APRA's capability review is taking a no-nonsense approach to fixing poor behaviour and getting culture right. Monash Business School professor Graeme Samuel, who appeared at the 2019 Conference of Major Super Funds (CMSF) ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
APRA's first capability review should consider benchmarking it against comparable prudential regulators around the globe, says its terms of reference which are now open for response. Last month, the Government agreed to undertake regular capability ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
A former Westpac general manager and group executive will help lead APRA's capability review. Diane Smith-Gander has joined the three-person panel reviewing the prudential regulator, after the Government agreed to act on Kenneth Hayne's recommendation ...

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Royal Commission final report recommends the roles of ASIC and APRA be adjusted when it comes to superannuation oversight. A new independent body will also oversee the regulators. Releasing his final report into Misconduct in the Banking, Superannuation ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... Federal Government has appointed a former Australian Competition and Consumer Commission chairman to lead a capability review of the Australian Prudential Regulation Authority. Responding to the Royal Commission's final report into Misconduct in ...

APRA, ASIC welcome Productivity Commission's superannuation report

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... storage efforts, as examples of its capability. In its report yesterday the Commission recommended APRA undergo a capability review, which Rowell said APRA was willing to do, should it be led by the right people. "APRA has previously indicated its willingness ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... Commission set aside an additional recommendation for APRA: for the Government to immediately initiate an independent capability review of the prudential regulator in bid to examine how efficiently and efficiently it operates to achieve its strategic ...