News and Publications

APRA is exempting a specified class of persons from compliance with the change of ownership and control provisions of the Superannuation Industry (Supervision) Act 1993 (SIS Act).

In a letter to industry, APRA has called for a step-change in how banks, insurers and superannuation trustees manage AI-related risks as it warns that governance, risk management, assurance and operational resilience practices are not keeping pace with AI adoption.

APRA has finalised targeted amendments to prudential standard CPS 230, prudential practice guide CPG 230, and the corresponding Material Service Provider Register Template.

The Australian Prudential Regulation Authority (APRA) is consulting on remaking the Level 3 conglomerate standards with minor administrative updates to ensure they remain current and consistent across APRA’s suite of prudential standards.

APRA has announced seven superannuation reporting standards will be revoked in late 2025. This document includes the final reporting period for these standards.

APRA is undertaking a consultation on targeted amendments to CPS 230 Operational Risk Management (CPS 230).

This update informs superannuation entities of extensions granted to the due dates of reporting requirements, originally due on 15 December 2025, to 2 February 2026. These changes are intended to support industry and improve data quality.

APRA is releasing a draft instrument for consultation to exempt a specified class of persons from compliance with the change of ownership and control provisions of the Superannuation Industry (Supervision) Act 1993 (SIS Act).