EvidenceSheet
APRA CPS 230 · Roles and responsibilities (paras 19 to 22)

CPS 230 para 21 Board oversight duties: risk profile, BCP and tolerances, service provider policy

The Board's duties are to (a) supervise operational risk management and how well key controls keep the risk profile inside appetite, receiving regular profile updates and making sure senior management acts on concerns; (b) approve both the BCP and the disruption tolerances set for critical operations, examine test results and oversee the follow-through on findings; and (c) sign off the service provider management policy and examine the risk and performance reports on material service providers.

Source: APRA CPS 230, CPS 230 para 21. The statement above is our statement of the clause, read from the published text and cited so you can check it against the official text, not the instrument verbatim. Open APRA CPS 230 in the compliance library.

Applies to APRA-regulated entities.

4
artefacts
0
held by a system
3
at each review
hard
to go live
Policy repository / GRC workspace
where the evidence lives
teal = a system already holds it · olive = produced at each review. To go live: easy when half or more of the artefacts are already held by a system, moderate from a quarter to a half, hard below a quarter.

These are the artefacts auditors commonly ask for on this requirement, our guidance rather than text from the standard. Your assessor decides what is sufficient in your context, and asks for samples across the period when a report covers one.

system holds itEvidence a system already holds

none for this control

periodic reviewEvidence produced at each review

  • Board minutes approving the BCP, the tolerance levels and the service provider management policy, with dates · Policy repository / GRC workspace
  • Regular operational risk profile reports to the Board with action items assigned to management · Policy repository / GRC workspace
  • Board papers presenting BCP test results and the tracker for findings · Source control / CI pipeline

governing documentDocuments that govern the control

  • Periodic material service provider risk and performance report tabled at the Board · Policy repository / GRC workspace

First move

No system holds this evidence for you: it is people and documents. Reminders and routing to the owner still save time. Put the document under version control with an owner and review date, and log each review as a record with reviewer and date.

Common gaps auditors find

Do this for your whole sheet

Paste the rows you run your controls from and get this mapping for every control at once, with the periodic-review ones flagged and a first move per row. No account for the first run.

Build my evidence sheet

CPS 230 para 20 Board ensures clear senior manager roles for operational risk, continuity and service providers · CPS 230 para 22 Senior management informs the Board on impacts to critical operations