CPS 511
Remuneration
Remuneration framework + variable pay deferral + clawback.
In plain English
This guidance outlines remuneration frameworks for APRA-regulated entities, including deferral and clawback of variable pay.
CPS 511 applies to all APRA-regulated entities. It sets standards for remuneration. This includes frameworks, variable pay deferral, and clawback arrangements. It aims to promote good risk culture. The guidance was released in December 2023 and is effective immediately.
Why it matters
This guidance helps ensure your remuneration practices align with APRA’s expectations. It supports a strong risk culture within your business. Consider how this impacts executive pay and incentives.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
APRA →Topics
Source: https://www.apra.gov.au/news-and-publications/cps-511-remuneration. Rules Mate indexes + summarises; always verify against the regulator's live publication.