What Directors should ask about CPS 230 Operational Risk Management

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Author

IIA-Australia

Date

2025

Topics Explored

Governance, Organisation Resilience, Financial Services

Format

20 Critical Questions

Synopsis

How does the board and senior management know it has an effective operational risk management process in place providing resilience to operational risk and disruption, and that it is compliant with Prudential Standard CPS 230 ‘Operational Risk Management’?

Relevant Industries

All

Level of Assumed Knowledge

Expert

Aligned to Global Internal Audit Standards

Yes