APRA is Australia’s prudential supervisor, responsible for ensuring that our financial system is stable, competitive and efficient.

APRA to consult on targeted changes to CPS 230 for non-traditional service providers

The Australian Prudential Regulation Authority (APRA) will consult on targeted amendments to CPS 230 Operational Risk Management (CPS 230) by the end of 2025. This follows industry feedback highlighting challenges when applying the new standard’s contractual obligations to arrangements with non-traditional service providers (NTSPs).

APRA refines proposed changes to the capital framework of longevity products

The Australian Prudential Regulation Authority (APRA) has commenced a second round of consultation on modifications to its capital framework for longevity products, including annuities. The changes are designed to create an environment that supports the development and availability of longevity products for Australian retirees, while safeguarding policyholder interests.

APRA refines proposals to facilitate easier access to alternative reinsurance arrangements

The Australian Prudential Regulation Authority (APRA) has released a response paper outlining refinements to its proposed updates to the general insurance reinsurance framework. The changes aim to facilitate easier access to different forms of reinsurance, including alternative arrangements like insurance-linked securities, while continuing to safeguard policyholder interests.

APRA launches Innovate Reconciliation Action Plan 2025-27

The Australian Prudential Regulation Authority (APRA) has released its Innovate Reconciliation Action Plan (RAP) for the period October 2025 to September 2027. This is APRA’s second Innovate RAP and third RAP since 2017. 

APRA Executive Board Member Suzanne Smith - Remarks to the ICA conference 2025

APRA has published the speech by Member Suzanne Smith to the 2025 Insurance Council of Australia conference in Sydney.