APRA's AI Letter: Why 'No New Standards' Is the Tighter Leash
APRA didn't introduce new prudential standards in its 30 April letter on AI. Most boards will read that as breathing room. They should read it as the opposite — and the most quotable line in the letter is aimed directly at directors.
One boardroom question
When was the last time we examined an AI deployment without the vendor in the room — and who in management was qualified to lead that examination?

