Managing macroeconomic risks through proactive stress testing
Client alertProactive stress testing to manage macroeconomic risk, strengthen financial stability and banking
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Regulators across the world – as well as stakeholders that are key to your business – are more and more focused on risks and your ability to manage and mitigate them. In some cases your approach to risk and the development of plans will be mandated, in others it’s the difference between engaging your business and not.
Our risk team works with clients on their risk management processes and strategies: ensuring you pay your people correctly, securing your cyber resilience, spotting red flags in your governance procedures and assessing your readiness to tackle crime targeting your sector.
Clients regularly engage us proactively and view our services as an opportunity to test and understand their internal processes and supply chain better, helping to both reduce risk and identify opportunity to extract commercial value.
Many organisations are grappling with a myriad of employee agreements and obligations, resulting in a wide variety of payments to their people.
We provide independent oversight and review of your organisation's control environments to manage key risks, inform good decision-making and improve performance.
Consumer Data Right (CDR) aims to provide Australians with more control over how their data is used and disclosed.
In Australia, as with other developed economies, regulatory and market expectations regarding corporate transparency continue to increase.
We enable our clients to navigate and meet their regulatory and compliance obligations.
The spectrum of cyber risks and threats is now so significant that simply addressing cybersecurity on its own isn’t enough.
Our team helps clients navigate and meet their obligations to mitigate crime as well as develop and implement their risk management strategies.
We enable our clients to achieve their strategic objectives, fulfil their purpose and live their values supported by effective and appropriate risk management.
Through fit for purpose governance we enable our clients to make the appropriate decisions on a timely basis.
Many organisations are grappling with a myriad of employee agreements and obligations, resulting in a wide variety of payments to their people.
The spectrum of cyber risks and threats is now so significant that simply addressing cybersecurity on its own isn’t enough.
We provide independent oversight and review of your organisation's control environments to manage key risks, inform good decision-making and improve performance.
Our team helps clients navigate and meet their obligations to mitigate crime as well as develop and implement their risk management strategies.
Consumer Data Right (CDR) aims to provide Australians with more control over how their data is used and disclosed.
We enable our clients to achieve their strategic objectives, fulfil their purpose and live their values supported by effective and appropriate risk management.
In Australia, as with other developed economies, regulatory and market expectations regarding corporate transparency continue to increase.
Through fit for purpose governance we enable our clients to make the appropriate decisions on a timely basis.
We enable our clients to navigate and meet their regulatory and compliance obligations.
Partner & National Head of Risk Consulting
We'll be in touch shortly.
In the meantime, if you have any questions, please don't hesitate to contact us via communications@au.gt.com.
Proactive stress testing to manage macroeconomic risk, strengthen financial stability and banking
Grant Thornton worked with AUSTRAC (the federal Anti-Money Laundering regulator) to support the development of their new AML/CTF Starter Kits released this week, designed specifically for Tranche 2 sectors including lawyers, real estate professionals, accountants, and conveyancers.
The Federal Court’s $5.8M ACL decision signals a new era for privacy, cybersecurity, and governance in Australia. It reinforces that privacy and cyber obligations start Day 1 of any acquisition, governance failures will be scrutinised, and accountability cannot be outsourced. Boards must ensure robust oversight, deep cyber due diligence, and forensic incident response. With OAIC escalating regulatory enforcement, organisations face heightened legal, financial, and reputational risks.
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