Publications
At Hunter Holgate, we are committed to empowering businesses, professionals, and individuals with the tools they need to navigate lifes complexities. Our publication hub serves as our gateway of resources, insights, and research for public consumption. Whether you are a seasoned industry expert or a newcomer, we invite you to explore our collection and join us on a journey of continuous learning and growth.
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Hunter Holgate authorized as a prequalified supplier for Risk Management and Internal Audit Services by the New South Wales Government
Hunter Holgate is delighted to announce its authorization by the New South Wales Government as a prequalified supplier for Risk Management and Internal Audit Services under the Performance and Management Services Scheme.
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Harmonizing the Human Element: Navigating Operational Risk Management
Effective operational risk management serves as the guardian of an organisation's financial well-being, shielding it from undesirable outcomes and downside risk. While technology and well-designed processes are pivotal, the intriguing facet of this equation must not be disregarded - psychology and human factors. This publication explores the intricate relationship between human psychology, human factors and operational risk management, uncovering how thoughts and emotions shape organisational decision-making and risk mitigation.
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The Importance of Understanding Single Point Failures
In the world of risk management, there exists a concept that often remains underestimated but plays a pivotal role in safeguarding the integrity and prosperity of businesses: Single Point Failures (SPF), which are vulnerabilities that, if left unaddressed, can unleash catastrophic consequences capable of toppling whole systems, operations, or even entire companies. To underscore the gravity of SPFs and their profound impact, this publication delves into a real-world example from the aerospace industry.
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The Evolving Geopolitical Landscape: Challenges & Complexities
In today's interconnected world, the geopolitical landscape is a complex tapestry of challenges that exert far-reaching effects on organisations and governments. These challenges encompass a wide array of factors, ranging from traditional military conflicts and economic fluctuations to public health crises, social unrest, and cutting-edge warfare tactics. This article takes an in-depth look at several pivotal geopolitical challenges of our era, analyzing their impacts and the risks they pose. These challenges include the war in Ukraine, inflationary pressures, ongoing COVID-19 variations, social issues in the USA, China's economic slowdown, China-Taiwan tensions, 5th generation warfare threats, the proliferation of misinformation and disinformation, the influence of artificial intelligence (AI), NATO-Russia tensions, and the spiralling sovereign debt crisis.
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Navigating the High Seas: Unravelling the Global Impact of the Shipping Industry on Arms and Drug Transportation
The shipping industry, a lifeline of international trade, exerts a profound influence on the global economy. Beyond the legitimate cargo traversing oceans, a clandestine world of arms and drug transportation poses significant challenges to nations and international organizations. This publication delves into the murky waters of illicit arms and drug shipments infiltrating the shipping industry and explores the far-reaching implications for global security, stability, and socioeconomic well-being.
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Combating Money Laundering and Terrorism Financing: Tips for Australian Institutions
In recent years, the global financial system has witnessed a significant increase in illicit financial activities, such as money laundering and terrorism financing. To counter these threats and safeguard the integrity of our financial system, governments and regulatory bodies worldwide, have introduced and continue to mature Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. For institutions operating in Australia, adhering to these regulations is not only a legal obligation but also an essential ethical responsibility to protect innocent lives whilst maintaining the stability of our financial sector. This publication provides our top key introductory tips to help combat AML/CTF within the Financial Services Sector.
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The Third Line of Defence – Assessing Maturity
In today's rapidly evolving business environment, the importance of an effective Internal Audit Function cannot be overstated. As organizations strive to navigate the complexities of a changing regulatory environment and manage risks whist, at the same time streamlining their processes, the maturity of their Internal Audit Function plays a pivotal role in ensuring overall success. Assessing an Internal Audit Function’s maturity is a critical step toward enhancing its effectiveness. In this article, we delve into key questions that organizations should consider when evaluating their Internal Audit Function’s maturity. These questions can serve as a high-level roadmap for organizations seeking to strengthen their internal audit practices and ensure they remain adaptive and well-equipped to face the challenges of today's modern business.
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Challenges Facing Councils in Australia: Identifying and Addressing the Biggest Risks
Local councils in Australia play a critical role in governing and providing essential services to their communities. From managing infrastructure and public amenities to planning urban development and promoting social welfare, councils are entrusted with ensuring the well-being and progress of their regions. However, this vital responsibility comes with a fair share of risks that can hinder effective governance and long-term sustainability. In this publication, we delve into the most significant risks faced by councils and explore potential strategies to mitigate these challenges.