---
title: "Understanding CPS 230: A Game Changer for the Insurance Industry"
url: "https://getcurium.com/news/understanding-cps-230/"
published: "9 September 2024"
author: "Michael Teh, Head of Operations"
publisher: "Curium"
description: "Is your business prepared for CPS 230? APRA's regulation is set to reshape operational risk management for insurers."
---

# Understanding CPS 230: A Game Changer for the Insurance Industry

Is your business prepared for CPS 230? APRA's regulation is set to reshape operational risk management for insurers.

APRA’s new regulation is set to reshape operational risk management for insurers starting next July. With industry experts divided on the impact, now is the time to understand how this could affect your business. Will it be a game changer or a compliance challenge?

👉 *Read the full article for insights and opinions from industry leaders:* [Read More Here](https://www.insurancebusinessmag.com/au/news/legal-insights/is-cps-230-an-industry-game-changer-504840.aspx)