APRA CPS 220 Risk Management
Regulator

APRA CPS 220 Risk Management CPS220-P54: APRA Notification of Material Changes to the Institution

What does CPS220-P54 require?

The institution must notify APRA as soon as practicable and no more than 10 business days after becoming aware of any material or prospective material change to its size, business mix or complexity.

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 1 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-ID.RA-07 Changes and exceptions are managed, assessed for risk impact, recorded, and tracked

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 2 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpointAll APRA CPS 220 Risk Management controls