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. Furthermore, APRA CPS230 helps proactively address operational risk, fostering a secure and reliable financial environment for all stakeholders involved.
To understand more, download our e-book where we introduce APRA Prudential Standards, scopes, and timelines as well as how failure to comply goes beyond just compliance.
In this e-book, we discuss:
- The scope of APRA CPS230
- The risk management framework
- Going beyond compliance
- Leveraging the right technology to rise above competitors