Directors’ Regulatory Update Webinar

The AICD is delivering a 45 minutes webinar on 21 October on the evolving regulatory landscape.

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ASIC’s report examines corporate governance practices at seven large financial institutions, identifying “important shortcomings” in relation to the oversight and management of non-financial risk.

In particular, ASIC highlights deficiencies in entities’ articulation of, and adherence to, risk appetite statements (particularly as they relate to compliance risks); information flows to the board; and functioning of board risk committees.

AICD’s media release in response to ASIC’s report is available here.

Download the AICD’s summary of the report

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The address of James Shipton, ASIC Chair, at the Essential Director Update in Sydney is available below: