Financial Services News

3 Questions About CPS 230, the New Operational Resilience Standard

CPS 230, recently released by the Australia Prudential Regulation Authority (APRA), has gained prominence alongside similar standards aimed to promote operational resilience. Operational resilience refers to an organization's capacity to withstand and adapt to operational disruptions (whether anticipated or unexpected) while ensuring continuity of critical functions. It has emerged as a vital framework for effectively managing risks and safeguarding business continuity despite adversity. Regulators view ...

GRC Investment Guide: Navigating the path to Governance, Risk and Compliance

In today's ever-changing business landscape, organizations face an increasing number of risk and compliance challenges. Investing in the right integrated GRC technology is critical. In this GRC Investment Guide, we discuss how this approach is no longer just a luxury, but has become a necessity for organizations that have thrived in a rapidly evolving environment. The right technology allows firms to effectively manage their Governance, ...

Strengthening Operational Resilience: Your introduction to APRA CPS230

In the dynamic world of finance, adherence to regulatory standards is paramount for organizations to thrive sustainably. APRA CPS230 offers businesses a clear road map to navigate the landscape of prudential standards and operational risk management. By embracing these standards, and implementing robust operational risk management practices, businesses can prevent fraud, ensure smooth functioning of their systems, and maintain a high level of customer trust. ...

Strengthening operational resilience: Your introduction to APRA CPS230 PDF

  DOWNLOAD NOW   Download our eBook where we introduce APRA Prudential Standards, scopes and timelines as well as how failure to comply can goes beyond just compliance. In this eBook, we discuss: The scope of APRA CPS230 The risk management framework Going beyond compliance Leveraging the right technology to rise above competitors

EU CSRD: Meeting the new reporting standard

In an era where sustainability practices are paramount, the EU Corporate Sustainability Reporting Directive (CSRD) stands as a revolutionary framework designed to enhance transparency, accountability and comparability of sustainability reporting across EU members states. Compliance with this regulation is not only an ethical imperative but also a strategic advantage, fostering investor confidence, attracting environmentally conscious stakeholders and promoting long-term business resilience. However, with great opportunity ...