Risk Management Insights In Australia | Protecht

People walk by Barclays bank branch in London

Barclays SEC breach shows no bank is immune to compliance failure

A few months ago, UK lender Barclays Bank announced that it had discovered a compliance breach from 2019 in its US operations. The bank sells structured notes, pre-packaged investment products which typically include assets linked to interest and one or more derivatives.

By Terence Lee | 4 minute read

Screenshot of Google search for "right to be forgotten"

Compliance Management

Is Google's multi-million fine a wake-up call for data protection?

Google is the latest tech giant to be fined for violations of GDPR provisions. The €10 mn (US$11 mn, AU$15mn) fine was issued by the Spanish data ... Read more

The GRC Professional Podcast episode: Showing Evidence in ISO 37301 with Michael Howell, Research & Content Lead

Compliance Management, GRC

ISO 37301: your next step in compliance?

Investment in compliance management continues to grow exponentially. In Macquarie Group’s latest financial results, compliance spend amounted to 17% ... Read more

Macquarie Bank building in Sydney, Australia. Image for blog post on Macquarie's increased investment in risk and compliance

Compliance Management, Risk Management, Risk Manager

Are you allocating enough resources to compliance and risk management, and are you getting a positive ROI?

Macquarie Group has disclosed in its latest financial results that the group spent $785 million on compliance in the year to 31 March 2022, a 22% ... Read more

Compliance Management, Enterprise Risk Management, Protecht Culture

It all starts with sound Risk Management

This interview was featured in the Forge Magazine. You can access the full publication here. Too many organisations view risk management as a ... Read more

Compliance Management, Risk Management, Risk Reporting

Modern Slavery - Being Prepared

Do you know what the Modern Slavery Act is and how it will impact your business? We had the opportunity to have Associate Professor Justine Nolan ... Read more

Compliance Management, Enterprise Risk Management, Risk Analytics

Managing Risk with the Second Line of Defence Launchpad

The Second Line of Defence Launchpad within the Protecht.ERM system is an effective and interactive visualisation designed specifically for the Line ... Read more

Compliance Management, Risk Management, Risk Appetite

Can I? Should I? Would I? Using compliance as a decision making tool

Compliance is the act of “conforming to rules”. Deciding to, or not to, conform to rules affects the decisions we make. Compliance is therefore an ... Read more

Compliance Management, Enterprise Risk Management

Understanding Compliance Risk

Today, corporations and government agencies are facing an unprecedented wave of regulatory obligations and increased penalties for non-compliance. ... Read more

See All Posts

Featured Articles

Managing Risk and Compliance in a COVID-19 World

This is the time for a well-developed, well-embedded and well-operated enterprise risk management framework and processes. It is not a time to throw away risk management thinking. It is a time to bring it into action.

Read More

Redefining Risk - Never Look at Risk the Same Way Again

What was once a backstage concern must now play a leading role. The reality is, if you want to be better as a company, you need to get better at taking risks.

Read More

Get practical resources in your inbox every month.

Thought leadership content on risk management, governance and compliance.

Knowledge Centre