What are the key bear accountability obligations?
Key obligations – Accountable persons Accountable persons are obliged under BEAR to: conduct the responsibilities of their position with honesty and integrity and with due skill, care and diligence; deal with APRA in an open, constructive and co-operative way; and.
What is Bear banking executive accountability regime?
The Banking Executive Accountability Regime (BEAR), set out in Part IIAA of the Banking Act 1959, establishes accountability obligations for authorised deposit-taking institutions (ADIs) and their senior executives and directors.
Are black bears protected?
Bears are protected in the United States under both Federal and State laws. In general, States are responsible for managing black bear populations, and the regulation of trade in bear parts.
What are bear responsibilities?
If you bear the responsibility for something, you accept responsibility for it.
Who has the regulatory authority over Bear?
APRA
The BEAR, which establishes heightened standards of accountability among ADIs and their most senior executives and directors, came into force for the largest banks from 1 July. It will apply to all other ADIs from 1 July 2019. The regime was established under legislation and is administered and enforced by APRA.
Why are black bears important?
Black bears play an important role in forest ecosystems as seed dispersers and nutrient providers. Berry seeds pass through the bear unbroken and are able to germinate. Not only that, but the seeds come with their own pile of fresh manure as fertilizer! Short, curved claws make black bears excellent tree climbers.
How do black bears help the environment?
Through their foraging habits, bears spread plant and berry seeds in their droppings and spread marine-derived nitrogen into the forest surrounding salmon streams. Bears are important links in food webs and help maintain populations of deer and other prey species through predation.
Why was Bear introduced?
The Banking Executive Accountability Regime (BEAR) was introduced as part of the 2017-2018 Federal Budget and aims to strengthen accountability and competition in the banking system. BEAR applies to Authorised Deposit-taking Institutions (ADI’s), their subsidiaries and Australian branches of foreign ADI’s.
What is the purpose of bears?
Bears are important links in food webs and help maintain populations of deer and other prey species through predation. At one time, bears were widespread across the United States. However, threats such as habitat loss and unregulated hunting greatly reduced the areas where they can be found.
When was Bear implemented?
The Banking Executive Accountability Regime (BEAR) is a major legislative reform that commenced on 1 July 2018 for large authorised deposit-taking institutions (ADIs) and on 1 July 2019 for medium and small ADIs.
What are the characteristics of a bear?
Bears are not mean or malicious; they are very gentle and tolerant animals. Mother bears are affectionate, protective, devoted, strict, sensitive and attentive with their young. Not unlike people, bears can be empathetic, fearful, joyful, playful, social and even altruistic.
What do you like most about Bevir’s book on governance?
Great to ahve all the key concepts associated with governance in one place. The text is accessible and provides signals for further reading around key topics. Bevir’s book is a helpful source to gain a circumspect view over the various issues and problems involved in processes of governance at state and international levels.
What are we offered in the governance review?
We are offered not just a review of well-established positions but a distinctive take on the governance debate’ – Gerry Stoker, Professor of Governance, University of Southampton
What is the language of governance?
The language of governance has risen to prominence in the last 20 years as a way of describing and explaining changes in the nature and role of the state, but the concepts involved can be confusing as they are often new and come from diverse disciplinary and theoretical settings.