The Australian Institute of Company Directors (AICD) launched new guidance on directors’ oversight of company compliance obligations in October 2024. The new Practice Statement outlines the key responsibilities directors have to ensure their companies meet regulatory compliance. [...]
Enterprise risk management has a primary objective of ensuring organizations comply with the legal and regulatory obligations needed to conduct business. Companies conducting business in the EU must align their processes with the General Data [...]
Financial Services institutions are facing heightened operational risks that can affect business operations and impact resilience. In response to these challenges, the Australian Prudential Regulation Authority (APRA) introduced CPS 230, a new prudential standard aimed at improving the management [...]
The gambling and gaming industry is built on taking risks. The thrill and excitement based on calculated risk taking and skilful gaming has fueled a booming market: the global gambling and gaming industry is projected [...]
IFRS S1 and IFRS S2 are the first ESG reporting standards released by the International Sustainability Standards Board. Together, these standards provide a framework for aligning financial and sustainability reporting. While these are voluntary [...]
Financial services compliance is a daunting proposition for banks, insurance companies, investment firms, and FinTech firms worldwide. The rules and regulations are complex and ever-expanding – and compliance is often viewed as a chore. [...]
The legal industry is governed by complex regulations and high standards of ethical conduct, necessitating stringent legal risk and compliance measures. With these requirements comes a multitude of risks that law firms must manage to maintain [...]
For years now, the pharmaceutical and life sciences industry has had to contend with a less than stellar reputation mainly due to unethical business practices and high drug prices. The pharmaceutical industry is among [...]
Three all-encompassing mega reforms are set to transform Australia’s aged care industry! A new ‘Aged Care Act’, strengthened aged care quality standards, and a new model for regulating aged care are all launching in [...]
The current regulatory landscape is constantly evolving with modern businesses subject to a myriad of regulatory challenges at local, national, and international levels regardless of their industry. Regulatory change occurs at a rapid pace driven by [...]
The COSO frameworks provide thought leadership and guidance for organizations regarding internal controls, enterprise risk management (ERM), fraud deterrence, and governance. Complying with these detailed frameworks can be challenging and complex and not always [...]
The complex process of empowering an organization to function in a legally sound and ethical manner while meeting its business goals is laced with pressure and littered with obstacles. From scanning the dynamic regulatory [...]
