cps
Additional insights on common cyber resilience weaknesses
… entities must comply with the baseline requirements in CPS 234 Information Security ( CPS 234 ) and reflects APRA’s ongoing commitment to sharing … security control weakness notifiable under paragraph 36 of CPS 234. APRA also recommends that entities conduct regular …
APRA and ASIC host Superannuation CEO Roundtable
… Regulation Authority APRA’s Prudential Standard CPS 230 Operational Risk Management is designed to strengthen … commences on 1 July 2025. APRA’s Prudential Standard CPS 234 Information Security (CPS 234) aims to ensure that APRA regulated entities take …
Interim Policy and Supervision Priorities update
… the standards expected of them under Prudential Standard CPS 234 Information Security (CPS 234). All remaining CPS 234 tripartite assessments should be submitted to APRA in …
Review of data collections roadmap
… a response paper on disclosure and relevant updates to CPS 511. APRA’s response to submissions for CRS 511.0 … supervision of APRA’s policy priorities including and CPS 230 Operational Risk Management, CPS 234 Information Security, CPS 510 Governance, CPS 520 Fit …
Finalising minor prudential framework updates for ADIs, insurers and registrable superannuation entity licensees
… Health Insurance Finalised: effective 1 January 2025 CPS 511 Remuneration All industries Deferred: APRA will …
Finalisation of Interest Rate Risk in the Banking Book requirements
… IRRBB, as required by the existing Prudential Standard CPS 220 Risk Management (CPS 220). Alongside the proposed revisions to the … revised APS 117 states that IRRBB is a material risk under CPS 220. As part of its risk management framework, APRA …
APRA policy priorities: Interim update - August 2023
… priorities as planned, including Prudential Standard CPS 230 Operational Risk Management and Prudential Standard CPS 900 Resolution. Key ADI policy priorities for the …
Operational preparedness for zero and negative interest rates
… markets falling to, or below, zero. Prudential Standard CPS 220 Risk Management (CPS 220) requires an ADI to maintain a risk management …
Prudential framework minor updates
… Adequacy: Measurement of Capital Private Health Insurance CPS 511 Remuneration Authorised Deposit-Taking Institutions; …
ADI capital reforms: Consequential amendments
… Standard APS 221 Large Exposures Prudential Standard CPS 226 Margining and risk mitigation for non-centrally … mortgages’ to ‘residential property’ Prudential Standard CPS 226 Margining and risk mitigation for non-centrally cleared derivatives (CPS 226) Reference changes Prudential Standard APS 310 Audit …
Consultation on minor amendments to centralise the definition of a significant financial institution
… Amendments would be made to: Prudential Standards CPS 511 Remuneration, APS 110 Capital Adequacy, APS 112 … under the FOIA. Footnotes 1 Prudential Standards CPS 190 Financial Contingency Planning and CPS 900 Resolution Planning also differentiate requirements …
Crypto-assets: Risk management expectations and policy roadmap
… the principles and requirements of Prudential Standard CPS 231 Outsourcing or Prudential Standard SPS 231 … depend on the nature of the activity. Prudential Standard CPS 220 Risk Management defines material risks as … Adequacy: Measurement of Capital. Prudential Standard CPS 231 Outsourcing, Prudential Standard SPS 231 Outsourcing …
Application of the capital framework for COVID-19 related disruptions
… In accordance with the requirements of Prudential Standard CPS 320 Actuarial and Related Matters (CPS 320), APRA expects the insurer’s Appointed Actuary to …
Understanding and managing the financial risks of climate change
… requirements, including those found in Prudential Standard CPS 220 Risk Management. The cross-industry PPG, relevant to …
Interest Rate Risk in the Banking Book Reporting (IRRBB) – Response to Submissions
… Foreign ADIs have requirements under Prudential Standard CPS 220 Risk Management which identifies IRRBB as a …
Premium increases in life insurance
… are transparent and not unfair. Prudential Standard CPS 220 Risk Management requires that an APRA-regulated …