Emerging role for APRA as a conduct regulator?

By Kerensa Sneyd Professionalism in financial services was the topic addressed last Thursday 11 October by a range of speakers presenting at the 2018 FINSIA Summit.  Throughout this year, key regulators have spoken openly about the importance of professionalism in the banking sector and the role it plays in rebuilding community trust. The public hearings … Read more

Mixers, cold storage and onions…cocktail party or digital money laundering?

By Amy Ciolek and Julia Massarin With terminology such as mixers, cold storage, tumblers and Onions (Onion Routers) (TOR), one may be excused for overlooking the significance of money laundering the digital age. FATF Report to G20 Finance Ministers and Central Bank Governors In July 2018, the Financial Action Task Force (FATF) published its report to … Read more

Current APRA Superannuation Initiatives

This page is an extract from the presentation addressing current APRA superannuation initiatives, and in particular: APRA Related Party Arrangements Thematic Review APRA Discussion Paper – Post-implementation review of APRA’s superannuation prudential framework We hope that this summary and overview of key points is helpful.  Please let get in touch with Sarah Yu or Michael … Read more

Community Expectations – Code or Codification?

By Michael Vrisakis The Royal Commission has become a channeling medium for community expectations as a standard of conduct.  One of the issues this raises is whether we have to wait for a Royal Commission in order to heed the call of community expectations? But just exactly what are community expectations? Is there a single … Read more

Welcome to the HSF Regulatory, Governance, Remediation and Culture Portal

Our Regulatory, Governance, Remediation and Culture team (RGRC) will bring you thoughtful insights, RGRC updates and industry highlights.  We would love for you to interact with us, so feel free to leave a comment, or reach out to us directly. We welcome you to follow us, subscribe and share us with your colleagues.  Please also get … Read more