APRA Information Paper 2019 on Risk Culture

Francesco de Zwart
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Francesco de Zwart: University of Adelaide

Chapter Chapter 32 in The Key Code and Advanced Handbook for the Governance and Supervision of Banks in Australia, 2022, pp 927-930 from Springer

Abstract: Abstract In Chapter 32 of the Stage 2 Key Code and Advanced Handbook for the governance of Australian major banks, we examine the APRA Information Paper 2019 on risk culture. The APRA commentary is that: risk culture is not always well understood and that significant scope for improvement and investment remains; measurement and analysis of culture is still developing; behaviours are overlooked in favour of formal mechanisms; and a lack of a clear view of risk culture.

Keywords: APRA Information Paper 2019; Risk culture; Lack of understanding; Measurement; Analysis; Behaviours; Formal mechanisms; Lack of clear view (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-1710-2_32

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DOI: 10.1007/978-981-16-1710-2_32

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