All news with #apra cps 234 tag

🔒 AWS has completed its annual OSPAR assessment (version 2.0) on July 29, 2026, confirming 167 services in scope for the AWS Asia Pacific (Singapore) Region. The OSPAR framework aligns with the Association of Banks in Singapore (ABS) Guidelines, addressing cyber hygiene, technology risk, business continuity, data security, cryptography, and software development controls. This cycle adds five services to the scope and reinforces AWS’s adherence to security expectations for Singapore’s financial services industry. Customers can obtain the report via AWS Artifact and consult the included service list for compliance reviews.

🛡️ AWS published an updated AWS User Guide to Financial Services Regulations and Guidelines in Australia to reflect APRA’s Prudential Standard CPS 230 Operational Risk Management, effective 1 July 2025, and APRA’s February 2025 rescission of its 2018 cloud outsourcing information paper. The whitepaper is intended for APRA‑regulated institutions and is particularly useful for leadership, governance, security, risk, and compliance teams seeking to run workloads on AWS. It summarizes APRA expectations on operational risk management and information security and provides materials to begin due diligence and implement appropriate programs within a shared responsibility model. AWS will continue to publish updates through its Security Blog and Compliance resources and encourages customers to engage their AWS account managers for assistance.