The Australian Prudential Regulation Authority (APRA) has released eight significant proposals aimed at strengthening governance frameworks for banks, insurers and superannuation entities. In this video, we unpack the regulatory intent, practical implications and key takeaways of each proposal – from board composition and director capabilities to third-party assessments, accountability regimes, and tenure limits for non-executive directors.
With APRA’s thematic review identifying major gaps in strategic oversight and risk governance, this discussion highlights what financial institutions must do to prepare – starting with a comprehensive gap analysis and early engagement with boards.
Watch now to understand how your organisation can stay ahead of these anticipated reforms and maintain strong prudential governance.