Prudential Standard LPS 520 Fit and Proper (LPS 520) sets out APRA’s requirements in relation to assessing the fitness and propriety of responsible persons of life companies and registered non-operating holding companies (registered NOHCs), collectively referred to as regulated institutions. This prudential practice guide aims to assist regulated institutions in complying with those requirements and, more generally, to outline prudent practices in relation to fitness and propriety.   |  File type: PDF  |  File size: 255.83 KB