EvidenceSheet
APRA CPS 230 · Management of service provider arrangements (paras 46 to 61)

CPS 230 para 52 Due diligence and risk assessment before entering or materially modifying a material arrangement

Before it enters into, or materially modifies, a material arrangement the entity must (a) carry out suitable due diligence, including a suitable selection process and a check of whether the provider can keep delivering the service over time; and (b) evaluate the financial and non-financial risks of relying on the provider, including risks from geographic location or from concentration in the provider or in parties the provider relies on. This due diligence still applies where para 57 or 58 exempts an arrangement from paras 53 and 54, limb (d) of para 55 and limbs (a) and (c) of para 59.

Source: APRA CPS 230, CPS 230 para 52. 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.

3
artefacts
0
held by a system
1
at each review
hard
to go live
Vendor register / contract repository
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

  • Concentration and geographic risk assessment · Vendor register / contract repository

governing documentDocuments that govern the control

  • Due diligence file per material arrangement (selection evaluation, financial viability review, capability assessment) · Vendor register / contract repository
  • Approval record dated before contract signature or material change · Vendor register / contract repository

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 50 Annual submission of the material service provider register to APRA · CPS 230 para 53 Formal legally binding agreement for each material arrangement and its minimum terms