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GRC Professional : GRC Autumn 2012
ACi neWS 4 GRC Professional • Autumn 2012 ACI pointed out flaws in the National Anti-Corr uption Plan, i ncluding the absence of a single body that has overall authority to enact anti-corruption policies, in a recent submission to the Attor ney Genera l’s Depar tment. According to ACI, the plan in the consu ltation paper represent s a good starting point and high-level overview of the institutions and legislative in st r uments Au stra lia has developed to cr eate a relatively corr uption-f ree economy. but significant work is still required if a comprehens ive a nd effective pla n is to be developed that is integ r ated into all three tiers of government. “The plan appears to only represent a high-level mapping of the var ious Com monwe alth, State and Local gover n ment author ities and their re spect ive responsibil ities for the pre vention, identi fication and en force ment of activities de sig ned to prevent cor ruption from taking place,” stated the ACI submission. “What is absent is a single body that has overall authority to enact anti-cor ruption policies, m anage the integration of these policies and then take e nforceme nt action if requi red. “The cu r rent approach leaves t oo many opportunities for issues to fall through the gaps of inter-departmental and inter-jurisdictiona l authority, leaving the Commonwealth, States and Local Government authorities exposed to the risk of corrupt activity occurring.” ACI and the Risk Management Institution of Australasia (RMIA) have formed a business services partnership. under the agreement, ACI will provide a number of administrative functions for RMIA. These activities will focus on membership services, finance and accounting services, web hosting and management and the facilitation of agreed RMIA chapter events. “This partnership allows the RMIA to service its members in a cost-effective way by contracting ACI’s management and operations expertise,” said ACI Managing Director Martin Tola r. “The agreement generates an additiona l income stream for ACI that will be invested back into the organisation for the benefit of ACI mem ber s a nd the complia nce profes sion.” Sharon Aitken, RMIA President, said the agreement would solve RMIA’s administrative requirement s. “ACI understands the market we operate in and can deliver value to the members RMIA serves.” What is absent is a single body that has overall authority to enact anti- corruption policies, manage the integration of these policies and then take enforcement action. ACI and RMIA to deliver joint GRC conference ACI and RMIA (Risk Management Institute of Austra lasia) have joined forces to deliver Asia Pacific’s first combined governance, risk and complia nce (GRC) con ference. The in aug u ra l event wil l be held from 18 -20 November 2012 at the Gold Coast Convention and Exhibition Centre and is expected to attract up to 800 delegates f rom a round the reg ion. “To ensure our ACI and RMIA memberships stay ahead of the dynamic nature of their profession, it is essential we present new and challenging content as it emerges. “While some may argue that full integration is not the answer, it is our job to keep challenging existing methodologies and practices to ensure we deliver the best outcomes for our members and their organisations. I believe GRC 2012 will achieve this ai m,” said ACI Managing Director Martin Tolar. A mix of private enterprise, regulators and government bodies are expected to attend. The program will feature a blend of live debate, keynote speakers and GRC streams, as well as a movie night to stimulate conversation a mong deleg ate s. “Traditionally, the conference has been the focal gathering point for members of both our a ssoci ation s, att r ac ting pr ofes siona l s r esponsible for st rategic and oper ation al gover na nce, r isk a nd compliance man agement. “This new and integrated approach will create an excellent forum for businesses and professionals from a wider community to meet in one location, share ideas, encourage business, build higher st anda rd s of profession a l development and enhance networks,” added Tolar. For mor e i nfor mation contact Caroline L ee, ACI sales and marketing manager on + 61 2 9290 1788 or email@example.com This new and integrated approach will create an excellent forum for businesses and professionals from a wider community to meet in one location, share ideas, encourage business, build higher standards of professional development and enhance networks. there are holes in the anti-corruption plan, says ACi RMIA signs service agreement with ACI
GRC Summer 2012
GRC Winter 2012