The Modern Slavery Act reporting deadline has been extended to 31 March 2021.
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In this podcast, Grant Thornton Risk Consulting partner Katherine Shamai discusses what it means to be a good corporate citizen, how COVID has moved the conversation along, and the long term risks to brand and stakeholders of getting it wrong.
While COVID-19 presented a challenge to companies that few could have anticipated, it also acted as a catalyst. Companies were forced to review legacy structures to allow for more agile decision making, and to test their purpose and role in wider society. This report provides salient insights for Boards in Australia, as despite having a different Code in place that we report against, the key themes resonate with what we’re seeing here – purpose, culture, emerging risk management, stakeholder engagement, board effectiveness, remuneration, ESG, diversity and succession planning. It is also a strong indicator of what companies should be focusing on in the coming year.
Appropriate culture, governance systems and remuneration structures are critical to rebuilding trust in financial institutions and ensuring a resilient financial system. APRA, as the prudential regulator, plays a significant role in this through introducing new standards and its oversight regime.
I’ve written before about COVID contact tracing apps and the need for robust privacy by design, supported by sufficient transparency and scrutiny.
Our Virtual ADI Conference covers a variety of hot topics for ADI’s, particularly coming up to the end of financial year reporting period.
Demographic forecasts indicate that the demand for aged care services will continue to outstrip supply for the foreseeable future
As the old adage goes: ‘never let a crisis go to waste’. As a result of COVID-19, business owners and leaders now find themselves in an unfamiliar position.
As schools go back to Term 2, parents all around the nation are either preparing for children to return to school or settling in for a continuation of the home schooling while working from home juggle.
There is a whole economy on the dark web built upon your stolen data – with an economic cost of approximately US$5t worldwide and US$1b in Australia alone.
On Sunday 26 April 2020 the Federal Government released the COVIDSafe smart phone app.
As organisations are navigating a new reality – confronting interruptions and disruptions – it is more vital than ever that organisations ensure good risk mitigation practices remain in place to manage rapidly evolving risks and minimise impacts.