News and Publications

APRA has intensified its oversight of banks, insurers and superannuation trustees as geopolitical tensions, artificial intelligence (AI) and growing complexity in global markets reshape the risk environment.

APRA has released a consultation on a proposal to replace the non-confidentiality determination that supports publication of aggregated statistics from the National Claims and Policies Database (NCPD).

APRA has called for a step-change in how banks, insurers and superannuation trustees manage AI-related risks as the technology continues to rapidly evolve.

APRA has finalised targeted amendments to prudential standard CPS 230 Operational Risk Management, prudential practice guide CPG 230, and the corresponding Material Service Provider Register template.

APRA has imposed additional licence conditions on Fiducian Portfolio Services Limited to address prudential concerns relating to its investment governance frameworks and practices, including oversight of platform investment options made available to members, and its board’s effectiveness in discharging its duties and obligations.

APRA has today released a consultation package on remaking Level 3 conglomerate prudential standards.