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220

Risk Management

SPS
220
SPS
220
SPG
220
Prudential Standards (2)
In Force
1 January 2020
This Prudential Standard establishes requirements for an RSE licensee to have systems for identifying, assessing, managing, mitigating and monitoring material risks that may affect its ability to meet its obligations to beneficiaries. These systems, together with the structures, policies, processes and people supporting them, comprise an RSE licensee’s risk management framework.
Not in force
No longer in force
Updated: 1 January 2020

Summary

No longer in force

This Prudential Standard establishes requirements for an RSE licensee to have systems for identifying, assessing, managing, mitigating and monitoring material risks that may affect its ability to meet its obligations to beneficiaries. These systems, together with the structures, policies, processes and people supporting them, comprise an RSE licensee’s risk management framework.
Guidance (1)
Current
July 2013
Prudential Standard SPS 220 Risk Management (SPS 220) sets out APRA’s requirements for an RSE licensee to have systems for identifying, assessing, managing, mitigating and monitoring material risks that may affect its ability to meet its obligations to beneficiaries. This PPG aims to assist an RSE licensee in complying with those requirements and, more generally, to outline prudent practices in relation to risk management.  |  File type: PDF  |  File size: 258.25 KB