APRA has released an Information Paper on the findings arising from self-assessments of governance, accountability and culture dated 22 May 2019.
The request for self-assessments followed the release of the Final Report of the Prudential Inquiry into Commonwealth Bank of Australia (CBA). Thirty-six authorised deposit-taking institutions, insurers and superannuation licensees were asked to conduct an independent assessment to consider whether similar issues might exist in their own organisations.