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

CPS 230 para 60 Notify APRA of critical-operation agreements (20 business days) and before material offshoring

Clocks: (a) as soon as possible and within 20 business days of signing, or materially changing, an agreement for a service the entity relies on to carry out a critical operation; and (b) before entering into any material offshoring arrangement, or when a significant change to such an arrangement is proposed, including where personnel or data used for the service will sit offshore. A material offshoring arrangement is a material arrangement whose service is performed outside Australia, even if the provider is Australian-incorporated; a foreign-incorporated provider performing the service in Australia is not offshoring.

Source: APRA CPS 230, CPS 230 para 60. 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
1
held by a system
2
at each review
moderate
to go live
Regulator portal / correspondence
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

  • APRA notification log with agreement execution or change dates and lodgement dates measured in business days · Regulator portal / correspondence

periodic reviewEvidence produced at each review

  • Pre-commencement offshoring notifications to APRA with lodgement before the arrangement start · Regulator portal / correspondence
  • Offshoring assessment identifying where service, data and personnel are located · Regulator portal / correspondence

governing documentDocuments that govern the control

none for this control

First move

Start with the 1 of 3 artefacts that already live in a system (Regulator portal / correspondence); keep the periodic reviews but log each one as a dated record with a named reviewer.

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 59 Monitor material arrangements and report to senior management · CPS 230 para 61 Internal audit review of critical-operation outsourcing and reporting to the Board