The more time I've spent working in Governance, Risk and Compliance (GRC), the more I've realized that a good risk assessment is rarely about preventing something from happening. It's about understanding what could happen, deciding whether the organization is comfortable with that level of risk, and making sure the right controls are in place before moving forward. That is a very different conversation.
APRA’s 2026-27 Corporate Plan puts cyberattacks, artificial intelligence, geopolitical tensions and dependence on common technology providers among the risks demanding closer attention from banks, insurers and superannuation trustees. The plan sets the regulator’s strategic direction for the next four years and, more immediately, its policy and supervisory agenda for the coming 12 to 18 months.
Ten major Australian banks went looking through their mortgage books together. What they found was not a handful of suspicious applications sitting neatly inside one institution, but the outlines of potentially hundreds of millions of dollars in suspected fraudulent loans, recurring across lenders and concentrated largely in Sydney property.
The Australian Prudential Regulation Authority imposed licence conditions on Bendigo Bank after an independent review found weaknesses in non-financial risk management spread across the organization, including shortcomings in governance, accountability, compliance management and risk oversight. Some had persisted through years of remediation.
Financial institutions flagged nearly $5 billion in suspicious activity potentially connected to human smuggling between 2023 and 2025, according to an analysis released Thursday by the U.S. Treasury Department’s Financial Crimes Enforcement Network. FinCEN examined 67,540 Bank Secrecy Act reports from the three-year period, looking for the financial patterns that appeared repeatedly around suspected smuggling activity.
In a founder-centric organization, the founder isn’t just the CEO. They’re the mascot, the mythology, the exception to the rules, and the emotional thermostat of the building. Identity, authority, and narrative all get bundled into one human nervous system. That’s efficient. It’s also a little like running a power grid through a single extension cord.
Low rivers and unusually warm water are beginning to take electricity generation off the table in parts of Europe, just as summer heat is putting the power system under pressure. Yet for all the strain showing at its edges, the continent’s grid is holding. That is what the Electricity Coordination Group said, which convened an ad hoc meeting as heatwaves and drought continued to affect parts of Europe. Experts from the European Commission, EU countries, Ukraine, Moldova, the Energy Community Secretariat and the European Network of Transmission System Operators for Electricity, or ENTSO-E, found no short-term adequacy risks to electricity supply.