cps
Soft Stuff
… risk management. A new multi-industry prudential standard, CPS 220, comes into force on 1 January. This draws together … business strategy. Under the new prudential standard, CPS 220, the board must ensure that “it forms a view of the …
Executive Director Policy and Advice Division Renée Roberts - speech to Australian Securitisation Conference 2022
… consolidate and simplify our structure. Our recent draft CPS 230 on operational risk management is a great example of … causing undue regulatory burden?” Our soon to be finalised CPS 190 on recovery and exit planning is, we believe, a great …
Opening Statement to Senate Economics Legislation Committee – February 2025
… risk management requirements under new standard CPS 230 will take effect from 1 July. Additionally, APRA will …
Opening statement for Senate Economics Legislation Committee - March 2021
… of compliance with our new Information Security standard (CPS 234), and have kicked off a data collection exercise on …
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 …
Opening Statement to Senate Economics Legislation Committee – October 2025
… new prudential standard on operational risk management, CPS 230, came into effect. This standard is aimed at ensuring …
The weight of money: A business case for climate risk resilience
… related to climate risk, and will continue to rely on CPS-220 for setting out general risk management expectations. …
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 …
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 …
Therese McCarthy Hockey’s opening remarks to FINSIA’s The Regulators
… don’t stop there. Since 2019, APRA’s prudential standard CPS 234 Information Security has set out binding …
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 …
Improving the effectiveness of Additional Tier 1 capital instruments
… 763.23 KB Published 8 July 2025 Draft Prudential Standard CPS 001 Defined terms - Marked up PDF 737.43 KB Published 8 …
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, …
COVID-19: A real-world test of operational resilience
… with entities advising APRA of their inability to meet CPS 232’s (Business Continuity Management) testing …