John Lonsdale speaks on CPS230, Australia's new and upcoming prudential standard.
APRA today confirmed the op risk standard has been finalised and will be applicable to Australian insurers, banks, and supers from July 1st, 2025.
https://reinasia.com/australian-regulator-finalises-new-prudential-standard-to-strengthen-op-risk-safety-net/
#insurance #insurancenews #apacinsurance #asiainsurance #regulation #oprisk #operationalrisk #cps230
Australian regulator finalises new prudential standard to strengthen op risk safety net – (Re)in Asia
CPS 230 applies to insurers, banks, and supers and APRA confirmed it's set to be operational from July 1st, 2025.
(Re)in Asia