Tag: CPS230

CPS 230: Strengthening Operational Resilience in the Financial Sector

The Rising Importance of Operational ResilienceOperational resilience has become a key focus for financial institutions as they navigate an increasingly complex risk environment. The Australian Prudential Regulation Authority (APRA) has responded to these challenges with the introduction of CPS 230, a prudential standard aimed at reinforcing operational risk management and ensuring continuity of critical operations. […]