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Showing 1 - 10 of 224 results for "operational risk"

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... said increasingly sophisticated cyber threats, including those enabled by advanced AI models, were adding to operational risk concerns. APRA recently reinforced its expectations around AI governance and risk management in a letter to the industry. The ...

ASFA chair to step down after four years

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... aims to complement APRA's prudential framework, including SPS/SPG 530 (Investment Governance) and CPS/CPG 230 (Operational Risk Management), with important intersections with CPS 234 (Information Security). "The strength of our due diligence frameworks ...

APRA finalises CPS 230 amendments

ELIZA BAVIN  |  THURSDAY, 30 APR 2026
... Australian Prudential Regulation Authority (APRA) has finalised targeted amendments to prudential standard CPS 230 Operational Risk Management. The amendments introduce limited exemptions from specific contractual requirements in CPS 230 for material ...

Rest strengthens investment approach, digital member services

MATTHEW WAI  |  THURSDAY, 16 APR 2026
... among asset owners. "We are delighted to be providing Rest with a comprehensive solution that supports reducing operational risk, increasing automation and the efficient execution of investment workflows," Allen said. Separately, Rest has appointed Darran ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... Sequoia Financial Group also wants to wash its hands clean of remediation obligations. It is counting on the Operational Risk Financial Requirement (ORFR), which can be activated in the same way that victims of Trio Capital were remediated. In a case ...

ASX partners with LSEG to upgrade derivatives platform

RIDDHIMA TALWANI  |  FRIDAY, 6 MAR 2026
... low-latency trading platform engineered for speed, resilience, and capacity. The upgrade will help ASX reduce operational risk, giving ASX 24 space to innovate, expand its product offerings and respond to the increasing sophistication of global derivatives ...

AustralianSuper risk lead jumps to rival

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026
Skye Stevenson, former head of investment compliance and operational risk at AustralianSuper, has left the $410 billion fund to join Rest Super in a newly created Sydney-based role. Rest Super has appointed Stevenson general manager, investment governance. ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
... and stronger system integration," CSC told Financial Standard. Consolidating systems will reduce complexity and operational risk while enhancing member support, chief executive Damian Hill said. It follows the fund partnering with Novigi in November ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
... to the increase in expense guidance, it said. In December, ASIC obtained a commitment from ASX to improve its operational risk management, to accumulate an additional $150 million of capital to maintain robust financial resources and ensure independence ...

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
ASIC has said operational failures by superannuation fund trustees as well as the rise of artificial intelligence (AI) will drive the local regulatory space in 2026. Operational failures among super trustees and administrators, such as delays in processing ...
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