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APRA’s governance overhaul targets poor oversight culture
The Australian Prudential Regulation Authority (APRA) has launched the final phase of its governance review, publishing updated draft requirements intended to raise leadership standards...
From BEAR to FAR: Australia ushers in a new age of...
Legislation concerning the Financial Accountability Regime (FAR) has received the nod of approval from both Houses of the Australian Parliament. This milestone move in 2023 lays the groundwork for a stringent accountability structure, targeting directors and top-tier executives of financial institutions across banking, insurance, and superannuation sectors.
