2024 Geoff summerhayes apra

Geoff summerhayes apra

Author: atst

August undefined, 2024

WebOct 14, 2024 · In a speech on Wednesday, Geoff Summerhayes, ... Summerhayes said Apra was concerned general insurance could become unaffordable or unavailable in parts of the country. ... WebAccording to APRA Executive Board Member Geoff Summerhayes, this new APRA standard comes off the back of an increasing number of cyber breaches among Australian businesses. CPS 234 is meant to outline to Australian businesses the minimum standards necessary for managing information security, placing the ultimate responsibility for …

Geoff Summerhayes - Swiss Re

WebJun 21, 2024 · APRA's Geoff Summerhayes. Credit: Jessica Hromas. He acknowledged that taking action to reduce carbon emissions now involved "significant transition risks," but the payoff was that it lowered the ... WebFeb 17, 2024 · Geoff Summerhayes says APRA will keep a close eye on climate change risks. Photo: Jessica Hromas It also expects big companies to carefully consider these risks, and warned that company directors ... nexen car tires review

WebNov 27, 2024 · In a speech to the Financial Services Assurance Forum yesterday, Geoff Summerhayes, executive board member of APRA said the new strategy seeks to safeguard an increasingly connected network of ... WebFeb 3, 2024 · 3 February 2024: Zurich Australia & New Zealand has today announced the appointment of Geoff Summerhayes to Zurich’s suite of Boards commencing immediately. A former financial services CEO, director and APRA Executive Board Member, Geoff joins five of Zurich’s main APRA-regulated Boards as an Independent Non-Executive Director … WebFeb 24, 2024 · APRA executive member Geoff Summerhayes: financial institutions will have to estimate the impacts of a changing climate, including extreme weather events, on balance sheets. Chris Pavlich nexem telephone

Banking Royal Commission: APRA official in firing line

Australia must prepare now for climate-related disasters or pay …

WebApr 1, 2024 · The growing divide was so concerning to Apra, its executive board member Geoff Summerhayes gave a stark warning in a speech last October. ... what Summerhayes was describing was already a fact of ... WebFeb 7, 2024 · Geoff is a purpose and values driven leader who has made significant contributions in a breadth of economic sectors including … millard fillmore suburban hospital npi numberWebSep 7, 2024 · Geoff Summerhayes' record while a top executive at Suncorp is under the microscope amid questions about the regulator's approach to enforcement. Top APRA official in royal commission firing line nexedge nx –806

"When I was first approached in 2015 about the role as an APRA Member, I dismissed it as I didn’t see myself as a regulator. But after a few meetings with Wayne [Byres], I thought: this is a unique opportunity to give back and make a difference. Being appointed for a five-year term makes you very focused, and I … See more When I joined, APRA was approaching its 20th anniversary, and we’d been very successful as an organisation. But I felt that what had made … See more When you operate in a commercial firm, that becomes your ecosystem, and you view other firms through the lens of a competitor. And … See more There’s a lot in the name ‘financial services.’ Many people think of financial services as a service to them, like a ticket to somewhere. But if you approach the industry with the … See more I’m looking forward to a break and time on our family farm. But I want to continue to make a difference. I see this time as a transition from being … See more " - Geoff summerhayes apra

Geoff summerhayes apra

APRA CPS 234: Information Security Prudential Standard

WebSep 7, 2024 · Geoff Summerhayes' record while a top executive at Suncorp is under the microscope amid questions about the regulator's approach to enforcement. Top APRA official in royal commission firing line WebGeoff Summerhayes, APRA Executive Member, said in that speech: if entities’ internal risk management processes are not starting to include climate risk as something that has to be considered – even if risks are ultimately judged to be minimal or manageable – that seems a pretty reasonable indicator there might be something wrong with the ...

Did you know?

WebDec 12, 2024 · I, Geoff Summerhayes, delegate of APRA: (a) under subsection 11AF(1) of the Banking Act 1959, DETERMINE Prudential Standard CPS 234 Information Security in the form set out in the Schedule, which applies to all ADIs and authorised banking NOHCs; (b) under subsection 32(1) of the Insurance Act 1973 DETERMINE Prudential Standard … WebJul 3, 2024 · Geoff Summerhayes is a senior advisor at pollination, and former executive board member of the Australian Prudential Regulation Authority (Apra). Laura Waterford is an environmental lawyer and ...

WebFeb 3, 2024 · 3 February 2024: Zurich Australia & New Zealand has today announced the appointment of Geoff Summerhayes to Zurich’s suite of Boards commencing immediately. A former financial services CEO, director and APRA Executive Board Member, Geoff joins five of Zurich’s main APRA-regulated Boards as an Independent Non-Executive Director … WebFeb 17, 2024 · Geoff Summerhayes, an executive board member of the Australian Prudential Regulation Authority (APRA), revealed in a speech yesterday that APRA now views climate change as a 'here and now' risk.

WebFeb 17, 2024 · Summerhayes said Apra wanted companies to start incorporating sophisticated “scenario-based analysis” of climate risks into their business outlooks. He said Apra intended to start running ... WebFeb 20, 2024 · In a speech at the Insurance Council of Australia’s annual forum – the first major speech APRA has given on climate change – APRA executive board member Geoff Summerhayes said APRA was putting itself on the “front foot” in regards to climate change preparedness, and could soon introduce climate change “stress testing” of financial ...

WebAug 19, 2024 · Geoff Summerhayes, Senior Advisor, Pollination, former executive board member, Australian Prudential Regulation Authority Duration: 28min 35sec Broadcast: Thu 19 Aug 2024, 5:30pm

WebDec 2, 2024 · In his address to the Financial Services Assurance Forum, APRA Executive member Geoff Summerhayes outlined the key points of APRA's new Cyber Security Strategy for 2024 to 2024. millard fillmore suburban hospital cardiologyWebGeoff Summerhayes Executive Board Member Australian Prudential Regulation Authority (APRA) Contact options for Geoff Summerhayes A purpose and values-driven leader who has made significant contributions in a breadth of economic sectors including property and the built environment, wealth management, banking, insurance and now in prudential ... nexem staffing chinoWebSep 17, 2024 · News. Geoff Summerhayes, former APRA executive, concedes that while the short-term nature of the Your Future Your Super (YFYS) test is a “challenge” for ESG investment, climate change is a mega-trend that demands more attention. One of the main frustrations around the YFYS performance test has been that climate change does not … millard fillmore suburban hospital gift shopWebA global response. Last month marked four years since former APRA Member Geoff Summerhayes gave APRA’s first speech on climate risk, declaring that climate-related risks were distinctly financial in nature, and that these risks were “foreseeable, material and actionable now”. That view has since been reinforced by Australia’s other ... millard fillmore suburban hospital nicuWebJan 12, 2024 · Overview. In his address to the Financial Services Assurance Forum, APRA Executive member Geoff Summerhayes outlined the key points of APRA's new Cyber Security Strategy for 2024 to 2024.In doing so, Mr Summerhayes emphasised APRA's expectation that firms prioritise cybersecurity, starting with ensuring their full compliance … nexen claim formWebFeb 7, 2024 · APRA has released a wide-ranging speech on private health insurance delivered by Geoff Summerhayes to the Members Health Fund Alliance in Sydney. In ‘Health insurer, heal thyself: APRA’s ... millard fillmore suburban hospital pharmacyWebDec 2, 2024 · Australian Prudential Regulation Authority's Geoff Summerhayes has slammed health insurers. ... "The number-one priority for APRA should be intervening to stop Medibank, Bupa and NIB continuing to ... millard fillmore suburban hospital visitation