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APRA Information Paper 2019 on Risk Culture

In: The Key Code and Advanced Handbook for the Governance and Supervision of Banks in Australia

Author

Listed:
  • Francesco de Zwart

    (University of Adelaide)

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.

Suggested Citation

  • Francesco de Zwart, 2022. "APRA Information Paper 2019 on Risk Culture," Springer Books, in: The Key Code and Advanced Handbook for the Governance and Supervision of Banks in Australia, edition 1, chapter 0, pages 927-930, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-1710-2_32
    DOI: 10.1007/978-981-16-1710-2_32
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