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Showing 11 - 20 of 35 results for "Prudential Practice Guide"

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... revisions to Prudential Standard SPS 250 Insurance in Superannuation (SPS 250) and the accompanying Prudential Practice Guide SPG 250 Insurance in Superannuation (SPG 250). The regulator said these revisions are aimed at ensuring better member outcomes ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
... ability to determine or influence decisions, introducing a clear potential for conflicts of interest. " Prudential Practice Guide SPG 531 Valuation makes clear that valuation decisions and committees should occur independently of investment decision-makers. ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... for the new remuneration standards that take effect in 2023. APRA has released the updated version of Prudential Practice Guide CPG 511 Remuneration, where it expects boards to oversee remuneration practices supported by robust frameworks and policies ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... The changes will be reflected in Prudential Standard SPS 250 Insurance in Superannuation (SPS 250) and Prudential Practice Guide SPG 250 Insurance in Superannuation (SPG 250). APRA said the amendments aim to meet the new best financial interests duty ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229), designed to assist banks, insurers and superannuation funds in managing climate-related ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... being transmitted directly as well as indirectly. APRA will develop a climate change financial risk prudential practice guide, which it says will not be intended to establish new obligations but to assist entities in complying with their existing prudential ...

APRA introduces annual stress-testing

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... development processes and generally made better use of stress test results. APRA said it intends to publish a prudential practice guide on stress testing to promote industry better practice and consistency. The regulator said it will consult with the ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... she said. SPS 515 will take effect on 1 January 2020. On August 28, APRA released a final version of prudential practice guide SPG 515 Strategic and Business Planning to assist RSEs implement the new requirements. It also published a draft version of ...

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... the rise in information security risks, including cyber-crime. The consultation is seeking feedback on Prudential Practice Guide 234 Information Security (CPG 234) which will replace the current CPG 234 Management of Security Risk in Information and ...

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... three new prudential standards: Prudential Standard SPS 515 Strategic Planning and Member Outcomes; Prudential Practice Guide SPG 515 Strategic and Business Planning; and Prudential Practice Guide SPG 516 Outcomes Assessment. APRA also made amendments ...