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Preparing for APRA’s CPS 230: What Service Providers Need to Know

29-01-2025

 

APRA’s CPS 230, effective 1 July 2025, introduces stricter regulations for insurers, focusing on risk management, business continuity, and compliance. Service providers in the insurance industry must also prepare to meet these heightened standards.

What It Means for Service Providers
Service providers will face stricter requirements to manage risks, ensure continuity during disruptions, and comply with new regulations. Companies “in scope” will need to strengthen their risk strategies and operational plans to meet APRA’s expectations.

Expert Insights
For a deeper understanding, Tetiana George, CEO of Curium, offers expert insights on how service providers can navigate CPS 230. Watch the SNAPSHOT Video and read Tetiana’s full response in Ask an Expert: Read Insights.

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