APRA CPS 230: Compliance Guide for Australian Finance Entities | UpGuard

This report explains APRA CPS 230, a new operational risk and resilience standard for APRA‑regulated entities effective July 1, 2025, replacing CPS 231/232 and parts of CPG 233. It highlights requirements for operational risk management, business continuity planning with tested RTOs, third‑party service provider oversight, incident management and reporting, governance accountability, and ongoing testing and monitoring. The document provides an eight‑step roadmap to compliance, notes guidance in CPG 230, and describes how UpGuard can support continuous monitoring, vendor risk management, and documentation to meet CPS 230 and related regulatory expectations.