cps
APRA Chair John Lonsdale - Speech to AFR Banking Summit 2023
… reviews of our information security prudential standard CPS 234 demonstrate the evolving risks we are facing. It’s … Later this year APRA will finalise Prudential Standard CPS 230 Operational Risk Management, which will replace five …
APRA Chair John Lonsdale - Speech to Citi Australia and New Zealand Investment Conference
… a result, our prudential standard on information security (CPS 234) applies equally to all entities. Yet where it is … with our prudential standard on operational resilience (CPS 230), which was finalised this year. To assist the …
APRA Executive General Manager, Risk and Data Analytics, Sean Carmody - Speech to the 2018 ISDA Annual Australia Conference
… phase in for initial margin (IM) under prudential standard CPS 226 and the model approval processes for the Standard … The provisions for substituted compliance such as those in CPS 226 have not been as useful or as widely used as we had …
APRA Chair Wayne Byres - Speech to the Risk Management Association Australia CRO Board Dinner
… strengthen our governance (CPS510) and risk management (CPS 220) standards. We will need to devote substantially more …
Therese McCarthy Hockey remarks to FINSIA’s The Regulators event
… a far closer eye on industry implementation of the new CPS 230 Operational Risk Management. Which brings me to our …
APRA Chair John Lonsdale - Speech to Australian Banking Association Conference 2024
… new prudential standard on operational risk management, CPS 230. Although CPS 230 rationalised five prudential standards into one, …
Deputy Chair Helen Rowell - speech to the Australian Institute of Company Directors Breakfast
… seemingly few repercussions for poor outcomes. The draft CPS 511 Remuneration proposes far more prescriptive … raised by stakeholders about some aspects of draft CPS 511. We have been thinking hard about the options, …
Member Therese McCarthy Hockey’s remarks to COBA CEO and Director Forum
… and complexity. With other prudential standards, such as CPS 230 Operational Resilience, we have intentionally …
Views from APRA
… More recently of course, the cross industry standard CPS 220 was developed and will apply from 1 Jan 2015. It is … This has largely been addressed with the issue of CPS 220, the new risk management standard, and revised CPS 510 on governance. D-SIIs The FSB, after first dealing …
Member Therese McCarthy Hockey’s remarks to AFIA Risk Summit 2024
… controls in place to deal with AI-enabled threats? CPS 234 Information Security covers that. Is data protected … entity considered AI risks introduced by a third party? CPS 230 Operational Risk Management, which comes into effect …
APRA Deputy Chair Helen Rowell - Speech to the Governance and Risk Management Forum 2023
… as part of upcoming reviews of Prudential Standards CPS 510 Governance and CPS 220 Risk Management. Keep on moving APRA will always …
APRA Chair Wayne Byres - Speech to the Committee for the Economic Development of Australia
… on ours. Our first prudential standard related to cyber, CPS 234 Information Security , came into effect in July 2019, … will be asked to conduct independent assessments against CPS 234, providing an important baseline level of assurance …
APRA Deputy Chair Margaret Cole - Remarks to the Conexus Chair Forum
… capabilities of your funds. With the implementation of CPS 230 this year there should be a strong focus on your …
APRA Executive Board Member Suzanne Smith - Speech to the Insurance Council of Australia Annual Conference
… APRA’s new prudential standard on operational resilience CPS 230, which was released in July. Entities are required to …
APRA Deputy Chair Margaret Cole - Speech to the AFR Super & Wealth Summit
… a prudential standard for all APRA-regulated entities – CPS 234 Information Security – back in 2020. You’d rightly …