Risk Management

Vero operates in a tightly regulated industry. We approach that environment according to our key values of:

honesty
teamwork
urgency and
respect.

Risk Management is structured to reflect these values.

Vero Risk Management works within a comprehensive risk framework to ensure that consistent standards apply across Vero. Our risk management process complies with both the Prudential Standard GPS 220 and accompanying Guidance Notes issued by APRA in November 2001, the joint Australia/New Zealand standard AS/NZS 4360:2004 on risk management, and Australian Standard AS3806-2006 on compliance.

Above all, we understand that our performance is critical to our success and that statements alone are not enough. We regularly monitor risk control and test key controls.

This focus on our business processes and their outcomes is the key to our high performance. We constantly evaluate our policies, compliance and the market in which we operate, by asking ourselves how we can improve.

Vero's Australian Financial Services Licence number is 230859.

For more information, contact Lynel Requin on 61 2 9978 2396 or lynel_requin@vero.com.au.

You may find the following links of interest:

Information about laws and statutes	www.austlii.edu.au
Information about laws and statutes	scaleplus.law.gov.au
Standards Australia	www.standards.com.au
Australian Business Register	www.abr.business.gov.au
Office of the Federal Privacy Commissioner	www.privacy.gov.au
Australian Competition and Consumer Commission	www.accc.gov.au
Australian Prudential Regulation Authority	www.apra.gov.au
Australian Securities and Investments Commission	www.asic.gov.au
Australian Taxation Office	www.ato.gov.au
Insurance Council of Australia	www.ica.com.au
Insurance Ombudsman Services Pty Limited	ios@insuranceombudsman.com.au
Compliance Australia	www.compliance.org.au