cps
Consultation on financial resources for risk events in superannuation: Operational risk financial requirement
… policy area with the development of Prudential Standard CPS 230 Operational Risk Management (CPS 230), APRA has taken time to carefully consider the path … APRA’s simpler approach is focused on integration with CPS 230 and better enabling use of the ORFR when needed. …
Consultation on zero and negative interest rates
… from zero and negative interest rates Prudential Standard CPS 220 Risk Management (CPS 220) requires an ADI to maintain a risk management … framework to manage material risks. As defined in CPS 220, material risks are those that could have a material …
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 …
Revocation of Reporting Standard SRS 331.0 Services
… superannuation entity. Given Prudential Standard CPS 230 Operational Risk Management requires APRA regulated …
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 …
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 …
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 …
Finalising minor prudential framework updates for ADIs, insurers and registrable superannuation entity licensees
… subject to change Industries covered APRA response CPS 001 Defined terms Authorised deposit-taking institutions, …
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 …
Capital treatment of trail commission for authorised deposit-taking institutions using Standardised Approach to Credit Risk
… APRA Board Member Footnotes 1 Refer Prudential Standard CPS 220 Risk Management (paragraph 49). 2 Refer Prudential …
Payday Super Readiness
… be subject to the requirements of Prudential Standard CPS 230 Operational Risk Management . The ATO and APRA expect …
Governance review update
… multiple group boards (currently set out in paragraph 39, CPS 510). APRA also proposes that intra-group conflicts be …
APRA and ASIC host Superannuation CEO Roundtables – July 2025
… addressed regulatory emphasis on operational risk under CPS 230 and in response to member service failures. CEOs …