GRCRegulation

3PS 310

Banking, Insurance and Life Insurance (Prudential Standard) Determination No. 4 of 2016 - Prudential Standard 3PS 310 Audit and Related Matters

This prudential standard sets out auditing and related responsibilities for entities operating within the banking, insurance, and life insurance sectors in Australia. It is part of the regulatory framework administered by the Department of Treasury under the Banking Act, Insurance Act, and Life Insurance Act.

Overview

Prudential Standard 3PS 310 addresses audit and compliance requirements for financial institutions in the banking, insurance, and life insurance sectors. It outlines the responsibilities of these entities to ensure the accuracy and reliability of financial reporting and compliance with prudential requirements. Issued as a legislative instrument under key financial legislation, it forms part of Australia's broader framework to maintain the integrity and stability of its financial systems. Administered by the Department of Treasury, the standard emphasizes external auditing, reporting obligations, and associated matters relevant to these industries.

Related in GRC

GRCFramework

COBIT 5 β€” COBIT 5

COBIT 5 is a comprehensive framework for the governance and management of enterprise IT, designed to maximize the value organizations derive from their information systems. It incorporates principles, practices, and tools to align IT with business strategies and goals.

ISACA β€’ Global β€’ v5

View details
GRCLaw

Sex Discrimination Act 1984

A federal law enacted by the Australian Government to eliminate discrimination on the basis of sex, gender identity, sexual orientation, marital status, pregnancy, or family responsibilities. It also addresses sexual harassment and outlines protections in employment, education, goods and services, and public programs.

Attorney-General's Department β€’ Australia β€’ v1 January 2014

View details
GRCLaw

South Africa Electronic Communications and Transactions Act 25 of 2002

The Electronic Communications and Transactions Act 25 of 2002 establishes legal and policy frameworks for regulating electronic communications and transactions in South Africa. It aims to facilitate universal access to electronic services, prevent abuse of information systems, and promote the use of e-government services and small business technology adoption.

Government of South Africa β€’ South Africa

View details
GRCLaw

Trade Marks Act 1995

The Trade Marks Act 1995 is an Australian legislation that governs the registration, use, protection, and enforcement of trade marks within the country. It provides rules for registering trade marks, handling disputes, managing trade mark rights, and addressing infringements.

Department of Industry, Science and Resources β€’ Australia β€’ vCompilation No. 38, 24 February 2019

View details

Ready to manage these frameworks?

6clicks maps regulations to controls, evidence and risks β€” automatically.

Book your strategy call