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Governance and APRA's proposed CPS 510 reforms: FS Reg Room Episode 8
Description
Governance remains one of the most important and closely scrutinised issues facing boards and regulated entities. In this episode, Mallesons Partners Nathan Hodge and Tim Bednall discuss what good governance looks like for financial services organisations, the evolving role of boards and management, lessons emerging from the Financial Accountability Regime, and APRA's proposed reforms to CPS 510. The discussion explores how governance frameworks can drive accountability, improve decision making and respond to increasing regulatory expectations across the financial services sector.
Key topics discussed:
- What good governance looks like in practice
- The respective roles of boards and management
- Board skills, capability and industry experience
- Governance, culture and behavioural expectations
- Lessons from the implementation of FAR
- Key developments and practical implications arising from APRA's proposed CPS 510 reforms
Host: Nathan Hodge, Mallesons Partner
Guest: Tim Bednall, Mallesons Partner