To meet the notification requirements of Prudential Standard CPS 230 Operational Risk Management APRA has developed and released electronic forms that should be completed by entities when notifying APRA of the following:
- Operational Risk Incident (para 33)
- Breach of Critical Operation Tolerance (para 42)
- New or change to a material arrangement and/or offshoring (para 59 (a) and (b))
Electronic forms are also available on the APRA website at: Operational risk management.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.