Risk oversight
Risk identification and management are core responsibilities of directors. This includes the identification and management of emerging risks, which may arise as a result of innovation such as technological and market changes.
Speeches
- Launch of ASIC鈥檚 report on director and officer oversight of non-financial risk - James Shipton, ASIC Chair, Keynote address AICD Essential Director Update, 2 October 2019
- Dealing with climate change risk - Cathie Armour and Sean Hughes, Commissioners, February 鈥� March 2019, speech at ANU Climate update
- ASIC鈥檚 enhanced supervisory approach, including its focus on director and officer oversight of risk - John Price, Commissioner, November 2018, Speech to the FINSIA 鈥榯he Regulator鈥� panel event, Melbourne
- Climate change听鈥� strong and effective corporate governance and disclosure of climate risk - John Price, Commissioner, June 2018, Speech to the Centre for Policy Development: Financing a Sustainable Economy event, Sydney
- - Greg Medcraft, Chairman, March 2016, Speech at the ASIC Annual Forum, Sydney
- - John Price, Commissioner, September 2015, Speech to Deloitte Australia, Melbourne
- - John Price, Commissioner, November 2014, Speech to the Asia-Pacific Resources Conference
Reports
- REP 631 Corporate Governance Taskforce: Director and officer oversight of non鈥慺inancial risk report -听This听report sets out our observations on director and officer oversight of non-financial risk. The report considers how directors and officers of large and complex financial services companies are discharging their duties in relation to oversight and monitoring of non-financial risk, and to highlight ways that governance practices could be improved.
- REP 555 Cyber resilience of firms in Australia's financial markets -听This report raises awareness of cyber risks and highlights existing good practices and areas for improvement.