Financial Accountability Regime (FAR)
Getting ready for FAR
When the Financial Accountability Regime (FAR) takes effect in 2024, superannuation trustees, their directors and senior executives will face heightened accountability obligations with significant personal consequences for material failures. The purpose will be to drive good governance and strong risk culture from the top, with particular spotlight on the actions and decisions of the most senior and influential senior executives. For super funds, now’s the time to start that change process.
Are you ready for FAR?
Learn now FAR could impact your business and the elements to focus on to start driving a healthy organisational risk culture.
Getting ready for FAR
Don’t expose your business to risk. Stay on top of FAR-related changes with the right policies, processes and systems in place. Learn the key concepts and three priorities areas to focus on.
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