APRA CPS 220 Risk Management
Strategy

APRA CPS 220 Risk Management CPS220-P32: Business Plan Duration, Review and Approval

The business plan must be a rolling plan of at least three years reviewed at least annually with results of the review reported to the Board, must cover the entirety of the institution and must be approved by the Board.

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

What else in your programme already covers this

This control maps to 2 controls across 2 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

NIST Cybersecurity Framework 2.0 · 1 control

  • NIST-CSF-GV.OC-04 Critical objectives, capabilities, and services that external stakeholders depend on or expect from the organization are understood and communicated

SOC 2 · 1 control

  • SOC2-CC3.1 CC3.1 Objectives specified clearly enough to assess risk (COSO principle 6)

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.

Other controls in Strategy

Query this from an agent

The graph holds this control, the 2 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpointAll APRA CPS 220 Risk Management controls