APRA CPS 230 in force from 1 July 2025
In plain English
APRA’s CPS 230 for operational risk management comes into effect from 1 July 2025.
The Australian Prudential Regulation Authority (APRA) is implementing CPS 230. This standard focuses on operational risk management. It takes effect from 1 July 2025. CPS 230 outlines expectations for how regulated entities manage operational risk. It aims to strengthen resilience and reduce risk exposure.
Why it matters
This new standard requires businesses to review and strengthen their operational risk management frameworks. Compliance officers should understand the requirements and ensure their organisation is prepared for the changes.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Facts
APRA's CPS 230 (Operational Risk Management) commenced 1 July 2025. Replaces CPS 231 + 232. Outsourcing + business continuity + operational risk management standards.
Outcome
Compliance phase + APRA reviews + material service provider register filings.
Read the source
https://apra.gov.au/news-and-publications/cps-230-operational-risk-managementRules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.