APRA CPS 220 Risk Management
Regulator

APRA CPS 220 Risk Management CPS220-P52: Submission of Appetite Statement, Business Plan and Strategy to APRA

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.

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 Cybersecurity Framework 2.0 · 2 controls

  • 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

SOC 2 · 1 control

  • SOC2-CC2.3 COSO principle 15: Communicates with external parties regarding matters affecting controls

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 Regulator

Query this from an agent

The graph holds this control, the 3 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpointAll APRA CPS 220 Risk Management controls