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 consults on margining and risk mitigation requirements for non-centrally cleared derivatives
… activity. Released today, APRA’s draft Prudential Standard CPS 226 Margining and risk mitigation for non-centrally cleared derivatives (CPS 226), proposes to require APRA-regulated institutions … standard by 20 May 2016. A discussion paper and draft CPS 226 can be found on the APRA website. Background Q: What …
APRA releases snapshot of industry practice in risk culture
… much of this work has been APRA’s Prudential Standard CPS 220 Risk Management , which came into effect on 1 January 2015. Amongst other things, CPS 220 requires each Board of an authorised deposit-taking … requirements on risk management ( Prudential Standard CPS 220 Risk Management ) require Boards of ADIs and insurers …
APRA publishes frequently asked question on the treatment of the Minimum Transfer Amount limit where the base currency is foreign-denominated
… entities in determining their requirements under CPS 226: Margining and Risk Mitigation for Non-centrally …
Revocation of Reporting Standard SRS 331.0 Services
… superannuation entity. Given Prudential Standard CPS 230 Operational Risk Management requires APRA regulated …
APRA publishes Margaret Cole’s remarks to the Conexus Chair Forum
… risk management As you know, APRA’s prudential standard CPS 230 came into effect last July to ensure all … to ensure compliance with the standard. In many respects, CPS 230 serves as a “blueprint” to help you expect, prepare and manage the “unexpected”. CPS 230 requires entities to manage their operational risks, …
APRA launches Westpac investigation and increases capital requirement add-ons to $1 billion
… of the prudential standards including Prudential Standard CPS 510: Governance, Prudential Standard CPS 520: Fit and Proper, and Prudential Standard CPS 220: Risk Management; and (e) there was a failure to …
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 …
APRA proposes stronger requirements on remuneration to enhance conduct, risk management and accountability
… customers and shareholders. Draft prudential standard CPS 511 Remuneration introduces heightened requirements on … financial positions,” Mr Lonsdale said. Mr Lonsdale said CPS 511 would complement the Banking Executive Accountability … of the discussion paper and the draft Prudential Standard CPS 511 Remuneration are available on the APRA website at: …
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 …
APRA Member Therese McCarthy Hockey - GRC2023
… to hit it, our new cross-industry prudential standard CPS 230 is designed to light a fire under our regulated … requires. A burning issue APRA only began consulting on CPS 230 last July, and yet the operational risk environment … that short time. (For those not familiar with APRA-speak, CPS stands for “cross-industry prudential standard”.) …
Minor updates to the prudential framework
… entity licensees Prudential standards Prudential Standard CPS 001 Defined terms – clean PDF 466.91 KB Published 21 November 2025 Prudential Standard CPS 001 Defined terms - marked-up PDF 512.74 KB Published 21 … Prudential standards Attachment B Proposed revisions to CPS 001 – Clean PDF 420.36 KB Published 25 August 2025 …
APRA to introduce first prudential standard aimed at tackling growing threat of cyber attacks
… in the event of a breach. The proposed new standard, CPS 234, would require regulated entities to: clearly define … towards the end of the year, with a view to implementing CPS 234 from 1 July next year. Copies of the consultation …
Margining and risk mitigation for non-centrally cleared derivatives - frequently asked questions
… assist regulated entities to interpret Prudential Standard CPS 226 Margining and Risk Mitigation for Non-centrally … the Minimum Transfer Amount (MTA) limit of 750,000 AUD (CPS 226 Paragraph 30) only apply at inception of the Credit …
APRA remakes Prudential Standard APS 117 Capital Adequacy: Interest Rate Risk in the Banking Book (Advanced ADIs)
… which has been replaced by Prudential Standard CPS 001 Defined terms . The remade standard can be found at: …
APRA retires prudential practice guides on the risk management framework for life and general insurers
… 250 are addressed by requirements in Prudential Standard CPS 220 Risk Management, supported by Prudential Practice …
APRA agrees to court enforceable undertaking from Bank of Queensland
… 1 The breaches relate to paragraph 51 APS: 210 Liquidity, CPS: 231 Outsourcing and CPS: 232 Business Continuity Management. Media enquiries …
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 …