Risk Management

APRA has released final targeted amendments to CPS 230 Operational Risk Management. The item is current and sits within APRA’s prudential framework, so boards and risk teams should treat it as a live governance and…

A practical risk maturity article using a current event to test ownership, evidence, controls, challenge and decision quality.

APRA's inaugural System Risk Stress Test found four major banks and six super funds individually resilient, but exposed concentration risk and a super-fund liquidity mechanism that could amplify a system-wide shock.

APRA's finalised reinsurance framework eases access to catastrophe bonds and shifts capital-treatment decisions to the appointed actuary, changing what boards need to evidence before the 1 January 2027 start date.

The ACCC fined Lactalis $59,400 over misleading 'fresh' milk labelling, while the Federal Court's $11.3 million penalty against Mercer Super shows the same claims-outrun-evidence governance failure at a very different scale.

The Eagle S tanker's severing of the Estlink 2 power cable, Allianz's 2026 Risk Barometer finding that only 3% of firms see their supply chains as "very resilient," and the Bank of England PRA's move to incident-level reporting all show the same thing: macro and geopolitical risk stops being theoretical the moment it forces a real business decision. Here's what a mature operating model needs to prove.