GRCStandard

CPS 230

Prudential Standard CPS 230 Operational Risk Management

CPS 230 sets out requirements for APRA-regulated entities to effectively manage operational risks. It covers obligations on governance, risk frameworks, and risk controls to ensure resilience against operational disruptions.

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Overview

The Prudential Standard CPS 230 enforces a structured approach to operational risk management for entities regulated by the Australian Prudential Regulation Authority (APRA). It mandates robust governance arrangements, comprehensive operational risk management frameworks, and appropriate risk controls. This standard aims to reduce the impact of operational disruptions on these entities and the broader financial system. CPS 230 incorporates expectations for incident response, business continuity, and operational resilience, alongside periodic risk assessments and reporting obligations.

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APS 222 — Prudential Standard APS 222: Associations with Related Entities

APS 222 is a prudential standard issued by the Australian Prudential Regulation Authority (APRA) aimed at ensuring that authorised deposit-taking institutions (ADIs) identify, monitor, and control risks related to their associations and dealings with related entities. It mandates policies and limits on exposures to mitigate contagion and step-in risks.

Australian Prudential Regulation Authority (APRA) • Australia • vJanuary 2015

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APS 220 — Prudential Standard APS 220 Credit Risk Management

APS 220 sets requirements for authorised deposit-taking institutions (ADIs) to establish a comprehensive credit risk management framework. The standard includes strategies, policies, and procedures for identifying, assessing, and mitigating credit risks.

Australian Prudential Regulation Authority (APRA) • Australia • vSeptember 2020

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APS 210 — Prudential Standard APS 210 Liquidity

APS 210 Liquidity is a prudential standard issued by APRA requiring authorised deposit-taking institutions (ADIs) to adopt prudent practices in managing liquidity risks. It mandates maintaining adequate liquidity to meet obligations under various operating scenarios, including severe stress situations.

Australian Prudential Regulation Authority (APRA) • Australia

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3PS 310 — Banking, Insurance and Life Insurance (Prudential Standard) Determination No. 4 of 2016 - Prudential Standard 3PS 310 Audit and Related Matters

This prudential standard sets out auditing and related responsibilities for entities operating within the banking, insurance, and life insurance sectors in Australia. It is part of the regulatory framework administered by the Department of Treasury under the Banking Act, Insurance Act, and Life Insurance Act.

Australian Prudential Regulation Authority (APRA) • Australia

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