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Showing 1 - 10 of 11 results for "Therese McCarthy-Hockey"

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
... scrutiny of issues such as model unpredictability and potential impacts on critical systems. APRA member Therese McCarthy Hockey said regulated entities need to constantly adjust cyber practices to lift resilience and protect assets in a fast-moving ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... remaining tranche of $500 million capital add-on, with immediate effect," the regulator said. APRA member Therese McCarthy Hockey added that as a "systemically important bank" APRA expects Westpac to hold itself to the requisite standard of prudent risk ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... volatility and artificial intelligence (AI) are creating "unacceptable prudential risks" for APRA. APRA member Therese McCarthy Hockey said geopolitical risk has become a "risk accelerant" that the regulator is trying to keep on top of and expects boards ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... Outsourcing, CPS 232 Business Continuity Management and SPS 232 Business Continuity Management. APRA member Therese McCarthy Hockey told a media briefing yesterday that "the way we plan to test the industry and understand their ongoing investment in ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... know who we're dealing with," Court said. Also appearing on the panel, APRA executive board member Therese McCarthy Hockey said APRA's mandate under whichever government is sworn in does not stop. "APRA has an important mandate, financial stability ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
APRA executive member Therese McCarthy Hockey has outlined the regulator's big priorities in 2025, with the interconnectedness between banking and superannuation systems first on the agenda. McCarthy Hockey told FINSIA 's The Regulators event that APRA's ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... outage affecting services and is continuing to monitor the situation." It also cited a speech delivered by Therese McCarthy Hockey in August of last year on the regulator's expectations in relation to Prudential Standard CPS 230 Operational Risk ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... absorbs losses at a very late stage of a crisis - in the resolution phase," APRA executive board member Therese McCarthy Hockey said. "The Australian market for AT1 is also unusual by global standards, with more than half the bonds held by small retail ...

APRA restructures, appoints new executive directors

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... making several appointments including a new executive director, superannuation. Last year, APRA promoted Therese McCarthy Hockey and Suzanne Smith to the role of member. Since, the regulator has carried out a recruitment process to fill the executive ...

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... and resilient financial system," under his leadership. Meanwhile, executive directors Suzanne Smith and Therese McCarthy Hockey will be appointed as new APRA members. In addition to her new role, Cole will continue to oversee APRA's superannuation ...
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