APRA CPS 220 Risk Management
Risk Identification

APRA CPS 220 Risk Management CPS220-07: Material Risk Categories the Framework Must Address

The risk management framework must at a minimum address credit risk, market and investment risk, liquidity risk, insurance risk, operational risk, risks arising from the strategic objectives and business plans, and any other risk that alone or in combination may have a material impact on the institution.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

What else in your programme already covers this

This control maps to 11 controls across 9 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

  • SPS220-22 Framework Enabling Strategies, Policies, Procedures and Controls
  • SPS220-23 Risk Categories the Framework Must Cover
  • NIST-CSF-GV.RM-03 Cybersecurity risk management activities and outcomes are included in enterprise risk management processes
  • NIST-CSF-ID.RA-03 Internal and external threats to the organization are identified and recorded
  • 23 Para 23 Manage the full range of operational risks end to end

HIPAA Security Rule · 1 control

SOC 2 · 1 control

  • SOC2-CC3.2 CC3.2 Identifying and analysing risks to objectives (COSO principle 7)

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

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The graph holds this control, the 11 it maps to, and the evidence behind each claim, over MCP and REST.