APRA CPS 230

Also known as: CPS 230, Prudential Standard CPS 230

Prudential Standard CPS 230 Operational Risk Management (Australia) — APRA (Australian Prudential Regulation Authority)

Australia's operational resilience standard: an APRA-regulated entity must identify its critical operations, set tolerance levels for how long they may be disrupted, test that it can stay within them, and manage the material service providers it depends on. It replaces the older outsourcing and business continuity standards and is the Australian counterpart to DORA in the EU.

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