On 19 July 2019, the Australian Financial Review (AFR) published an article entitled ‘APRA told to just get on with it’ – relating how the Treasurer had persuaded APRA’s Wayne Byers to reaffirm its commitment to implementing all 19 of the Samual Capability Review, which were directed at it. Byers had wavered, saying it was inappropriate for APRA to exercise a veto power over appointments of directors and senior executives and that it did not have the resources to require companies or funds to perform CBA style governance and culture reviews.
See below for further details on this.
FJM 16.8.19
