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APRA

Australian Prudential Regulation Authority

CPS 234 · CPS 230 · 22 control touchpoints

Who it applies to

Banks, insurers, superannuation funds and private health insurers.

Key instruments

  • 01CPS 234 Information Security — board accountable, 72-hour material incident notification
  • 02CPS 230 Operational Risk Management — effective 1 July 2025
  • 03CPS 220 Risk Management — board-approved risk appetite statement
  • 04CPG 235 Managing Data Risk — data quality lifecycle guidance

Compliance calendar

  • CPS 230 effective — 1 Jul 2025
  • CPS 230 pre-existing contracts transition — 1 Jul 2026
  • Tripartite cyber assessments — ongoing cycle

Penalty framework

Directions powers, licence conditions, capital overlays and disqualification of accountable persons under FAR.

Need the full control catalogue?

Templates, applicability matrices and board-paper skeletons for APRA.

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