APRA CPS 220 Risk Management CPS220-P52: Submission of Appetite Statement, Business Plan and Strategy to APRA
What does CPS220-P52 require?
On adoption and after any material revision the institution must submit to APRA a copy of its risk appetite statement, business plan and risk management strategy as soon as practicable and no more than 10 business days after Board approval.
Maintained by Gerard Blokdyk·Verified against the published standard ·Control text last updated
What else in your programme already covers this
This control maps to 3 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-CSF-GV.OC-03 Legal, regulatory, and contractual requirements regarding cybersecurity - including privacy and civil liberties obligations - are understood and managed
NIST-CSF-GV.RM-02 Risk appetite and risk tolerance statements are established, communicated, and maintained