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APRA and ASIC release notes on Superannuation CEO Roundtable - May 2023

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are releasing the public notes on the Superannuation CEO Roundtable held on Monday 29 May 2023.

The Roundtable was hosted by APRA Deputy Chair Margaret Cole and ASIC Commissioner Danielle Press. It was attended by 14 superannuation trustee Chief Executive Officers and other executives and Shane Moore, Director, Superannuation and Employer Obligations from the Australian Taxation Office.

The event focused on the effectiveness and adequacy of Trustees cyber risk-management practices.

The notes can be found on the APRA website at: APRA and ASIC host Superannuation CEO Roundtable.

ASIC

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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.