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GRC Professional : GRC Autumn 2013
2 GRC Professional • Autumn 2013 Deceit in the food we eat A slew of recent ACCC prosecutions and warnings highlights the perils of misleading and deceptive food labelling where industry must second- guess consumers' understanding. 9 MD'S MESSAGE Xpage4 PRESIDENT'S MESSAGE X page 5 ACI NEWS Xpage6 HONG KONG Competition makes its mark Hong Kong has started progressively introducing its Competition Ordinance to curb anti-competitive conduct, reinforcing its status as an inter national finance centre. X page 12 RISK MANAGEMENT Board alert How to get your board to understand risk appetite and risk management. X page 19 PROJECT Barangaroo challenge How to build a GRC framework a round an ambitious building project that is mapping out new ground and will take 20 years to complete. X page 22 CAREER CENTRE Nurturing talent in compliance Complia nce is gaining recognition as a profession for dyna mic individuals capable of guiding organisations in their compliance culture. X page 24 CAREER CENTRE Certification and accreditation. X page 26 CCP PROFILE Willie Lewis, a lawyer specialising in compliance was ACI's CCP Graduate of the Year in 2010 and is on the ACI board. X page 27 END NOTE My career Justin Lucas, Complia nce & Product Assura nce Officer at sports goods retailer Rebel Group. X page 32 IN DEPTH Contents COVER STORY 14 Winning at all costs Australia's sport is big business, so the revelations of widespread doping and other tawdry behaviour have put its culture in the spotlight.
GRC Summer 2013