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APRA CPS 230 (Resilience)

APRA CPS 230 (Operational Risk Management) is the new cross-industry standard for the Australian financial sector. it replaces several legacy standards…

What APRA CPS 230 (Resilience) requires

APRA CPS 230 (Operational Risk Management) is the new cross-industry standard for the Australian financial sector. it replaces several legacy standards (CPS 231, CPS 232) with a unified framework for operational risk, service provider management, and business continuity, placing increased accountability on the board for the firm's resilience.

Pillar: Banking & Global Finance · Authority: APRA (Australian Prudential Regulation Authority) · Version: 1.1.0 · Last updated:

Primary source: https://www.apra.gov.au/operational-risk

SHA-256 integrity: 55155a6045301eb61d25439f52fd7378f4a61600413fd19719c927c9f9ebb864

Primary Citations — 6 traced to source

  • APRA CPS 230 (Operational Risk Management), Paragraph 12-14: Board Responsibilities and Governance.
  • APRA CPS 230 (Operational Risk Management), Paragraph 23-26: Identification of Critical Operations and Impact Tolerances.

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