AlphaChat: What APRA's Prudential Standard CPS 230 means for service providers

In our latest AlphaChat, Stephen Huppert, Independent Consultant and Mark MacLeod, AlphaCert’s GM Australia, explore APRA’s Prudential Standard CPS 230 – an upcoming operational risk standard, effective from 1 July 2025, that will impact APRA regulated entities and their service providers. They look at operational resilience, business continuity planning, and how non-APRA regulated entities must prepare to meet these stringent requirements, including fund managers and technology providers.