The prudential regulator of Australian banks, insurers, and superannuation funds, responsible for the safety and stability of regulated financial institutions.
APRA reaches AI primarily through its prudential standards on risk management, operational resilience, and outsourcing. CPS 230 (Operational Risk Management) brings AI systems into scope as part of critical operations and third-party risk, and APRA expects boards and senior management of regulated entities to govern model and technology risk under the accountability regime.
The prudential regulator of Australian banks, insurers, and superannuation funds, responsible for the safety and stability of regulated financial institutions.
APRA reaches AI primarily through its prudential standards on risk management, operational resilience, and outsourcing. CPS 230 (Operational Risk Management) brings AI systems into scope as part of critical operations and third-party risk, and APRA expects boards and senior management of regulated entities to govern model and technology risk under the accountability regime.
Australian Prudential Regulation Authority (APRA) is a regulator in Australia. Its official website is www.apra.gov.au.
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Free assessment, 3 minutes โThis page is general information about APRA's role in AI governance, not legal, regulatory, or professional advice, and does not capture every nuance or exception. Regulatory remits and expectations change. Always verify current requirements at APRA's official source above and with your own qualified legal counsel.