The passage of the Financial Accountability Regime Bill 2022 (FAR Bill 2022) has been delayed after renewed debate on the inclusion of civil penalties for individuals (this last-minute twist means that the vote on the FAR Bill 2022 scheduled for Friday, 25 Nov...
FAR is the Government's proposed extension of the existing Banking Executive Accountability Regime (BEAR) to cover all APRA regulated entities, in response to recommendations 3.9, 4.12, 6.6, 6.7 and 6.8 of the Financial Services Royal Commission. ...
Unclassified [#IABV2_LABEL_PURPOSES#] [#IABV2_LABEL_FEATURES#] [#IABV2_LABEL_PARTNERS#] Further resources ExclusiveLIBRARYInsurance industry Research guide Guide to researching the life and non-life insurance industry. Quick links to trends, forecasts, market research, statistics and useful organisati...
Section 37F governs the notification obligations of an ADI and governance variables for an 'Accountability Statement' and an 'Accountability Map'. The pecuniary penalty for non-compliance with the BEAR is provided for by section 37FC including the meaning of the terms 'prudential matters' and '...
face a flooding event. It is similarly difficult to determine which interventions should be made and to what extent those interventions will improve resilience. This directly hinders the ability of managers to make informed decisions and to produce an accountability of investments in resilience measures...
Accounting, Auditing & Accountability Journal, 36 (2) (2023), pp. 591-619, 10.1108/AAAJ-04-2022-5773 View in ScopusGoogle Scholar Barth et al., 2017 M.E. Barth, S.F. Cahan, L. Chen, E.R. Venter The economic consequences associated with integrated report quality: Capital market and ...
For firms subject to climate stress tests, preparing for and participating in stress testing—which requires management articulation of and firmwide visibility into climate risks—may enhance board and management understanding of and accountability for climate risks, particularly when there is an ...
taking advantage of the funding gap created by the leveraged loan and high yield bond markets being generally closed - over 80% of LBOs in Europe during 2023 were backed by direct lending strategies3. For many LPs, the level of realisations has been a significant challenge over the last 24...
and a company with a Standard Listing, the Company is not required to comply with the provisions of the UK Corporate Governance Code.The Directors have responsibility for the overall corporate governance of the Company and recognise the need for appropriate standards of behaviour and accountability....
Dewing IP, Russell PO (2008) The individualization of corporate governance: The approved persons’ regime for UK financial services firms. Account, Audit Accountability J 21:978–1000 Article Google Scholar Dupire M, Haddad C, Slagmulder R (2022) The importance of board oversight in times of ...