Your guide for navigating CPS 230 compliance
3 February 2025
With July 2025 fast approaching, the urgency to achieve compliance with the Australian Prudential Regulation Authority's (APRA) CPS 230 standard on operational risk management and resilience is increasing.
With that in mind, we’ve created a guide to help you identify and prioritise critical actions you need to take for achieving day one compliance.
Our aim is to help you determine an appropriate approach to CPS 230 for your organisation and concentrate on the most valuable activities that demonstrate compliance with the spirit and principles of the regulation.
While work on CPS 230 will extend beyond July 2025, the steps outlined in this guide will establish the foundation for day one, which you can build upon in the future.
Related Insights
Driving Australia's shift to real-time payments
Australia is retiring BECS by 2030. Discover how real-time payments will reshape business, government and citizen services, and how to prepare now.
Read more
Australia’s BECS migration: Your questions answered
How significant is the transition? How will the change occur? Find answers to the most frequently asked questions on the BECS migration.
Read more
Getting ready for life beyond BECS: Key actions for banks
With BECS retiring, banks have a critical window to lead Australia’s shift to real-time payments, and the time to act is now.
Read more
Australia's payments future: Four priority actions for corporates
With BECS retiring by 2030, here are four actions your organisation can take now to confidently navigate the shift to real-time payments.
Read moreRelated Client Stories
Delivering regulatory change for UK building society
How can a UK building society deliver regulatory change while ensuring a great customer experience?
Read more
Keeping large-scale capital investment on track
How do you independently assess the governance and maturity of a multi-billion program?
Read more
Equipping a UK building society to fight financial crime
How do you create a technology platform that can stay one step ahead of financial criminals?
Read more
Using regulatory change as an opportunity to strengthen and rationalise internal controls
As UK regulators plan an Internal Controls and Governance directive, this major insurer seized the opportunity to achieve its long-term ambition.
Read moreIs digital and AI delivering what your business needs?
Digital and AI can solve your toughest challenges and elevate your business performance. But success isn’t always straightforward. Where can you unlock opportunity? And what does it take to set the foundation for lasting success?