Australia Prudential Standard CPS 232 Business Continuity Management

• By: APRA
• Date: March 13, 2013
• Source: APRA

This Prudential Standard requires each regulated institution and Level 2 group to implement a whole-of-business approach to business continuity management that is appropriate to the nature and scale of its operations. Business continuity management increases resilience to business disruption arising from internal and external events and may reduce the impact on the regulated institution’s or group’s business operations, reputation, profitability, depositors, policyholders and other stakeholders.

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