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Showing 31 - 40 of 228 results for "operational risk"

RBA says ASX has 'considerable work to do'

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... standards. However, five standards were noted as being either 'partly observed' or 'not observed', these being: operational risk, framework for comprehensive management of risks, governance, credit risk, settlement finality, and operational risk. ASX ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... with Prudential Standards CPS220 Risk Management, CPS234 Information Security, and the recently enforced CPS230 Operational Risk Management, he says. "And the recently released 2025-26 Corporate Plan builds on those instruments, as well, giving you a ...

Former staffer sues ASX, Lofthouse over bullying

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... wrote a damning open letter to the market operator to address their increasing concern over the management of operational risk. "The RBA and ASIC are increasingly concerned and deeply disappointed over the management of operational risk at ASX, following ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... of and expects boards to also be thinking about. "It plays into things you're already thinking about, like operational risk management and cyber, and this idea that cyber is a weapon of choice," she recently told a FINSIA event. "There are some other ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... alleged roles in the loss of $1 billon of investor money. InterPrac managing director Garry Crole said super funds' Operational Risk Financial Requirement (ORFR) should be activated in the same way that victims of Trio Capital were remediated. "Use of ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... resolve that problem with the entity and with other regulators in the most efficient way that we can," he said. "On operational risk more broadly, we've got CPS230 that complements the cyber standard that we have, and third parties is a really key ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... board's oversight of the insurer's long-term objectives. It has now imposed the capital requirement as an operational risk capital add-on, as well as additional licence conditions requiring KeyInvest to design and implement remediation plan addressing ...

ASX chief compliance officer to step down

MATTHEW WAI  |  FRIDAY, 1 AUG 2025
Daniel Moran, the chief compliance officer of the Australian Securities Exchange (ASX) since January 2023, has announced his resignation. During the transition period, general manager listings compliance Garth Riddell will step into the role of interim ...

SS&C to take over Calastone for $1.6bn

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... capabilities, the two companies will deliver a unified, real-time operating platform to reduce cost, complexity, and operational risk across the global fund ecosystem as well as shaping distribution, he said. Calastone chief executive Julien Hammerson ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
APRA is warning superannuation funds "not to cut corners" when in it comes to getting their operational risk management in order as the landmark prudential standard CPS 230 comes into effect today. CPS 230 Operational Risk Management effectively forces ...