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The feeling in financial services is that the industry dodged a bullet this year, but good news was still hard to find.
While IFRS 9’s mandatory effective date of 1 January 2018 seems a long time into the future, ADI’s should consider evaluating the implications of the new Standard now.
After much anticipation, APRA has finally released a discussion paper, proposed prudential standards and reporting framework for their new role as the Private Health Insurance industry supervisor which is expected to take affect from 1 July 2015.
Losses from fraud and corruption are a significant impediment to achieving growth and strategic objectives of organisations in the Australian Banking and Financial Services sector.
