Financial Services Royal Commission Update - Governance insights
The Royal Commission has put governance and accountability firmly in the public spotlight. In this session, we explore the key governance themes emerging from the interim report including Commissioner Hayne's proposals for reform.
To whom are directors duties owed?
Professor Bob Baxt FAICDLife discussed the legal duties and responsibilities of directors and the impact of the push to make directors take on greater stakeholder interests in performing their obligations.
Directors' Regulatory Update
Recent and upcoming changes including learnings from the APRA CBA report, whistleblowing procedures, modern slavery reforms, Hayne Royal Commission, deferred prosecution agreement and new foreign bribery laws will all have a material impact for Australian boards.
Why directors should be measuring and managing culture
Culture is the hidden force governing everything that happens in your organisation. You've either got it - or it's got you! Learn the importance of organisational culture, its role in delivering sustainable performance and the questions directors need to be asking to assess culture.
Areas of focus for super trustee governance
APRA are very active in terms of monitoring practices of super trustees. This focus will not subside with the Royal Commission findings and will mean an increase in scrutiny. Trustees will need to remain vigilant and constantly evaluate and improve their governance and processes.