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Tuesday 26 September 2017



 Recently, the Australian Government released the consultation paper, Digital Economy: Opening up the Conversation.

The paper’s purpose was to:
  • Enable and support the digital economy;
  • Build areas of competitive strength to drive productivity and raise digital business capability; and
  • Empower all Australians through ...

By the GRC Professional

 






MEDIA RELEASE    

 

CELEBRATE ETHICS AND COMPLIANCE PROFESSIONALS ON COMPLIANCE OFFICER DAY (26 SEPTEMBER)

Compliance Officer Day, observed on 26 September each year, is a global event to recognise the important work of professionals who have dedicated their careers to the field of ethics and compliance.

This day is a chance ...

By the GRC Professional

Tuesday 26 September 2017



There is no better time to think about compliance and ethics than on National Compliance Officers Day, which was founded by SAI Global in 2016.

A year on, the relationship between compliance and ethics is still hotly contested in the popular narratives about compliance. At a conference earlier this year it was suggested that the emphasis that ...

By the GRC Professional

Monday 25 September 2017



The Australian Prudential and Regulation Authority (APRA) has published a list of frequently asked questions (FAQs) about capital adequacy.

The regulator is careful to point out that the FAQs are not an exhaustive list of examples and if the regulated entities have any questions they are encouraged to contact APRA directly.

The FAQ...

By the GRC Professional

Monday 25 September 2017




Introduction

Peter Kell, Deputy Chair at the Australian Securities and Investments Commission (ASIC), talks to the GRC Professional about some of their expectations for industry.

Kell started as Deputy Chair on 6 May 2013 and before this  he was a Commissioner from 7 November 2011.

In this interview, he also touches on some of the topi...

By the GRC Professional

ASIC Media Release

ASIC has permanently banned John Dimitropoulos of Seven Hills, NSW, from providing financial services or engaging in credit activity.

Mr Dimitropoulos' banning arises from ASIC's ongoing investigation into a property and self-managed superannuation fund (SMSF) promoting group, which includes the companies formerly called Heri...

By the GRC Professional

Friday 22 September 2017



I
nterview with Anu Kukar,  Director of Risk Innovation at KPMG, on the Ideal Risk Manager
 

You have an extensive background in risk management. Can you list some of the universal challenges faced by risk managers? Also any new challenges on the horizon for risk managers? 
 
Having spent the last 14 years as a 2nd-Line Risk Advisor in both ...

By the GRC Professional

ASIC Media Release

ASX-listed company Sirtex Medical Limited (Sirtex) has paid a penalty of $100,000 after ASIC issued an infringement notice for an alleged failure by Sirtex to comply with its continuous disclosure obligations.

The infringement notice was issued following an investigation into matters arising from an announcement on 9 December...

By the GRC Professional

Thursday 21 September 2017

ACCC Media Release

The Australian Competition and Consumer Commission has lodged a Notice of Appeal from the Federal Court’s decision on 30 August 2017 dismissing the ACCC’s proceedings against Medibank Private Limited (Medibank).

The ACCC had alleged that Medibank made false, misleading or deceptive representat...

By the GRC Professional

ASIC Media Release

Mr Benjamin Amzalak, 46, of Bondi in New South Wales, has appeared by his counsel before the Downing Centre Local Court today on 10 charges of market manipulation brought by ASIC.

The charges follow an ASIC investigation into trading in the shares of the Australian Securities Exchange listed company Precious Metal Resources L...

By the GRC Professional