APRA overview of risk culture in banking, insurance and pensions industries
Australian Prudential Regulation Authority discussion paper on risk culture in APRA-regulated institutions. Findings: i) approaches to understand and manage risk culture are at a relatively early stage of development; and ii) many institutions are grappling with how best to identify and address specific weaknesses in their current risk culture. Sets out APRA's supervisory approach to governance and risk management.
Publisher:
National Regulators
Release date:
Oct 2016
Country:
Australia
Type:
Consultative, discussion and issues paper
Topics:
Risk management, Corporate governance
Sectors:
Banking, Insurance, Pensions
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