What Is APRA CPS 230? What to Know About this Australia’s Operational Resilience Standard
APRA CPS 230 is a regulatory standard introduced by the Australian Prudential Regulation Authority. Its goal is to improve operational resilience in the financial sector. It applies to a wide range of institutions—banks, insurers, super funds, and others that provide essential financial services in Australia. At the heart of CPS 230? A key focus on protecting critical services. These are the functions that, if disrupted, ...