Banking Executive Accountability Regime

Banking Executive Accountability Regime

Banking Executive Accountability Regime

The Banking Executive Accountability Regime (BEAR) was introduced as part of the 2017-2018 Federal Budget and aims to strengthen accountability and competition in the banking system. Expected to be effective from 1 July 2018, the BEAR as proposed will apply to Authorised Deposit-taking Institutions (ADI’s), their subsidiaries and Australian branches of foreign ADI’s. It grants APRA additional enforcement powers while establishing certain requirements of institutions to demonstrate the process through which decisions are made.

Protiviti’s professionals understand what is required to drive this type of organisational change and have the expertise to assist in complying with this new regulation so you can face the future with confidence.

 

Start your BEAR journey today...

Mark Burgess
+61.408.506.411
[email protected]
Mike Purvis
+61.417.288.244
[email protected]
Philip Doran
+61.407.771.177
[email protected]

Ready to work with us?

Mike Purvis, Protiviti, Australia
Mike Purvis
Managing Director
+61.417.288.244
Linked
Mark Burgess, Protiviti Australia
Mark Burgess
Managing Director
+61.408.506.411
Linked